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Interesting Job Opportunity: Arzooo - AGM - Product Development

Arzooo.com

Arzooo.com

Product
Bengaluru, Karnataka, India
Posted on Friday, August 4, 2023
Arzooo (https://www.arzooo.com/) is a retail technology venture that aims to revolutionize retail by transforming millions of medium & small stores with technology that puts each one of them on the same pedestal as Amazon, Flipkart and other organized retail chains. Founded by ex-Flipkart colleagues and IIT alum in 2018, Arzooo is India's fastest growing B2B commerce venture that enables physical stores by removing the barriers of inventory, scale and capital through its technology platform. Arzooo platform empowers retailers with the following to drive up sales conversions in store.
  • Digital inventory: 10X larger product selection
  • Efficient sourcing: allowing access to better prices for 10,000+ products from 150+ brands
  • Wide array of enabling services: financial solutions. Arzooo Credit, built to facilitate credit lending to offline retail equipping businesses with working capital headroom.
Few Links For You To Go Through
  • - Product Development
Role & ResponsibilitiesThis role involves a combination of strategic thinking, market analysis, and project management to develop and launch successful products. The specific responsibilities may vary depending on the industry and company, but here are some common aspects of the role:
  • Market Research: Conduct thorough market research to understand customer needs, preferences, and trends. Analyzing competitor products and identifying gaps in the market to guide product development.
  • Product Strategy: Developing a comprehensive product strategy and roadmap that aligns with the company's overall goals and objectives. Setting clear product goals and defining key performance indicators (KPIs) to measure success.
  • Product Development: Collaborating with cross-functional teams, including design, engineering, and marketing, to conceptualize and develop new products or improve existing ones. Ensuring products meet quality standards and regulatory requirements.
  • Pricing and Positioning: Determining optimal pricing strategies based on market research and cost analysis. Defining the product's positioning in the market to differentiate it from competitors.
  • Project Management: Overseeing the entire product development lifecycle, from idea conception to product launch. Setting project timelines, coordinating tasks, and managing resources to meet deadlines.
  • Customer Insights: Gathering feedback from customers, conducting surveys, and using data analytics to gain insights into customer satisfaction and product performance. Using this information to drive product improvements and updates.
  • Sales Support: Collaborating with the sales team to provide product training and sales materials. Supporting sales efforts with product knowledge and addressing customer inquiries.
  • Product Launch: Planning and executing product launch strategies, including marketing campaigns, promotions, and communication plans to create product awareness and drive sales.
  • Performance Analysis: Monitoring product performance after launch, tracking KPIs, and conducting post-launch evaluations. Identifying areas for improvement and making data-driven decisions to optimize product success.
  • Market Trends: Staying updated with industry trends, technological advancements, and changes in consumer behavior to adapt product strategies accordingly.
Overall, this role requires a blend of analytical thinking, creativity, and effective communication skills to successfully bring products to market and ensure their continued success in a competitive landscape(ref:iimjobs.com)