Illinois Tool Works

Product Manager - Retail

Illinois Tool Works$85K — $129K *
US-AnywhereRemote in Appleton, WI
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's degree preferred
  • 3-5 years of experience in product management, category management, brand management, merchandising, or commercialization
  • Strong business acumen with a history of successful business cases
  • Ability to strategize for both retail and e-commerce channels
  • Willingness to travel up to 25% of the time

Responsibilities

  • Conduct market research to analyze market size, growth trends, and competitive landscape
  • Synthesize customer insights and competitive intelligence through interviews and research
  • Develop product strategies that meet customer and market expectations
  • Create strategic growth plans for product categories to drive business growth
  • Manage the launch and commercialization of new products in the market
  • Collaborate with sales, engineering, and manufacturing to deliver product solutions
  • Evaluate product performance metrics, including sales volume and margins

Benefits

  • Opportunity to work with a well-established brand in the welding solutions industry
  • Engagement in strategic partnerships with retailers
  • Collaboration with cross-functional teams for product development
  • Access to professional development and growth opportunities
  • Dynamic work environment that rewards entrepreneurial spirit
Full Job Description

Job Description:

Are you an experienced Product Manager excited by shaping products that stand out in crowded retail aisles and digital marketplaces?

Miller Electric, an ITW company, is seeking a Product Manager- Retail to join our team in Appleton, WI supporting the Hobart brand. In this role, you will own the full product life cycle of a key set of welding solutions while driving growth through strategic partnerships with retailers’ brick and mortar locations and e-commerce channels. You’ll collaborate closely with product development, sales, account management, and marketing teams who will support brand building, content creation, and go-to-market execution. As the leader of these product category, you’ll play a critical role in delivering measurable market growth and performance through a clear set of strategic priorities.

HOW YOU WILL MAKE AN IMPACT:

Market & Customer Insight

  • Direct and perform market research to define market size, growth and trends including pricing, competition & opportunity.
  • Collect and synthesize customer insights (VOC) and competitive intelligence through customer interviews, market research, and channel knowledge.
  • Develop a deep understanding of the end-user’s business and their unmet needs.
  • Investigate and understand customer/market expectations; define product strategy that meets expectations of customers, distributors, sales and the division.
  • Contribute to long range and annual planning process.

Product Profitability

  • Develop and execute strategic growth plans for assigned product category to grow the business.
  • Improve product profitability and deliver growth through cost reductions and recommended pricing adjustments. Optimize value proposition of assigned category.
  • Create and deliver clear, concise value propositions for each proposed product, as well as estimated market potential.
  • Make pricing recommendations that position the products to win in the market while maximizing margin potential for the business.
  • Evaluate and report on product performance – sales volume, margins, and market share.

Go To Market Strategy

  • Responsible for successful launch and commercialization of new products.
  • Use creative tactics to communicate and promote new products to both end users and retailers.
  • Act as a liaison with sales, engineering, manufacturing and appropriate division personnel to communicate and deliver product solutions that maintain market leadership.

WHAT YOU NEED TO DO TO BE SUCCESSFUL IN THIS ROLE:

  • Technical: Possess the aptitude to understand product capabilities and consumer needs.
  • Analytical: Demonstrate the ability to analyze current business issues and end-user needs.
  • Leadership: Successfully lead high-level projects and cross-functional teams from start to completion.
  • Relationship-Building: Build strong relationships among employees, distributors, retailers, and key end-users.
  • Presentation: Effectively present and facilitate in front of groups or varying technical knowledge.
  • Collaborative: Act as a team player with a positive attitude, high motivation, and sound decision-making skills.
  • Self-Driven: Well organized, aggressive self-starter with a willingness to learn and grow.
  • Independent: Establish plans independently with limited direction or supervision.
  • Adaptable: Thrive in a fast-paced environment that values an entrepreneurial spirit.
  • Communicative: Demonstrate excellent oral and written communication skills.

QUALIFICATIONS

  • Bachelor's degree required; Master's degree preferred
  • Strong business acumen. Proven history of successful business cases.
  • 3-5 years of product management, category management, brand management, merchandising, or commercialization experience supporting physical products sold through retail and e-commerce channels.
  • Up to 25% travel required.

Compensation Information:

The compensation package offers a competitive annual salary of $85,500 to $129,510. This range is dependent on the geographic location, the candidate’s qualification, and prior experience. We are committed to maintaining equitable and competitive salaries.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

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