Market America

VP of Product Development and Management

Market America$150K — $180K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, marketing, or a related field
  • Minimum of 7 years of progressive management experience
  • Strong background in consumer marketing and product development
  • Experience in health and nutrition required
  • Proven ability to manage multiple projects simultaneously

Responsibilities

  • Lead and motivate the Product Teams across various functions
  • Act as the main project manager for product lifecycle initiatives
  • Analyze market data to identify new product opportunities
  • Deliver reports to the Executive team on market trends and strategies
  • Guide the Science team in industry trends and product approvals
  • Collaborate on the product plan to drive sales and profitability
  • Oversee content to ensure consistent messaging

Benefits

  • Support for a diverse workforce and team growth
  • Opportunities for professional development and training
  • Engaging work environment that promotes company culture and values
  • Participation in company safety programs
  • Involvement in annual conferences and related travel opportunities
Full Job Description
Position Summary: VP, Product Development & Management will educate, motivate and lead the Product Teams, including development, marketing, content, quality control and science, with an emphasis in health and nutrition. The VP will act as chief project manager for all efforts and coordinate these efforts to meet sales and profitability goals set by the business.

Essential Function and Responsibilities:
  • Maintains accountability for the projects and objectives of the Product teams
  • Works as a liaison to promote and enhance the product life cycle between departments
  • Analyzes sales data, market trends, and competitive landscape to identify product opportunities
  • Provides detailed and precise reports to Executive team to illustrate trends, predictions, and relevant strategies
  • Leads the Science team to review industry trends for ingredients and product launches
  • Approves final product information, materials, features, benefits, specifications, and pricing to ensure accuracy.
  • Collaborates on overall product plan to maximize sales and profitability
  • Work with Executive Team to determine product strategy
  • Researches and establishes pricing and margins to maximize profits
  • Oversees Content to ensure correct messaging and consistency is maintained
  • Manage employee relations inside and outside the department to develop successful working relationships to achieve goals and objectives
  • Leads the Science division to ensure proper support to move products forward upon approval and that statement of products are scientifically valid
  • Leads Quality Control Department to ensure any needed information such as label review, vendor issues, and manufacturing changes
  • Complies with company policies and procedures
  • Performs other duties as needed

Supervisory Responsibilities:
  • Supervises and supports a diverse work force
  • Sets goals and performance expectations for the team
  • Addresses employee or customer concerns and/or elevates to the Management team
  • Trains and assists employees
  • Manages employees work loads and schedules
  • Works within budgetary controls
  • Supports the Company's Safety Programs
  • Acts as an ambassador and champion of the company culture, ethics, and values

Performs any other functions and duties assigned and necessary for the smooth and efficient operation of Market America.

Education & Experience:
  • Bachelor's degree in business, marketing, or equivalent disciplines
  • Minimum of seven (7) years of experience with progressive management experience.
  • Demonstrated experience in consumer marketing and product development
  • Must have the ability to organize and coordinate multiple projects at once.
  • Health & Nutrition knowledge and experience required.


Computer/Communication Skills:
  • Proficient use of MS Office programs: Word, Excel, PowerPoint and Outlook, required
  • High energy level, comfortable performing multifaceted strategic projects in conjunction with day-to-day tactical activities
  • Ability to get along and work with diverse personalities; tactful, mature, flexible
  • Prioritizes and models good communication skills; follows up, timely responses, proactive and positive in approach
  • Above moderate to high levels in reading comprehension, writing, and speaking in English; active listening; attention to detail
  • Participative management style• advocate of team concept
  • Results and people oriented, with judgment to balance other business considerations
  • Service oriented, but assertive/persuasive


Travel:
  • Occasional travel as needed
  • Annual conference participation and related travel


Physical Requirements and Work Environment:
  • Normal office environment with little exposure to dust and weather conditions prevalent at the time (i.e., cold hot/humid)
  • Routinely uses standard office equipment such as computers, phones, cameras, photocopiers, and filing cabinets
  • Regularly required to talk, walk, stand, bend, twist, reach with hands and arms, stoop kneel and crouch
  • Raise and lower an object from one level to the another, less than twenty (20) pounds.
  • Visual acuity must be a minimum or 20/40 (corrected) and normal hand/eye coordination
  • Normal or corrected hearing
  • Must be able to perform in an office environment where ninety (90) percent of work is performed sitting.
  • Occasional long or irregular hours of work

About Market America

Market America is a multi-level marketing company that specializes in the retail sale of consumer goods. The company was founded in 1992 by JR Ridinger and his wife Loren Ridinger. Market America's business model is based on the concept of one-to-one marketing, which means that the company's independent distributors sell products directly to consumers. Market America offers a wide range of products, including health and nutrition supplements, cosmetics, and home and garden products. The company operates in the United States, Canada, Mexico, Australia, Hong Kong, Taiwan, Singapore, and Malaysia.
Learn more about Market America
Size
800 employees
Industry
Founded
1992

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