Product Marketing Manager - TMTI
Abbott
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Product Marketing Manager – TMTI
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with a high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
Structural Heart
Structural Heart Business Mission: Why We Exist
Our business purpose is to restore health and improve quality of life by designing and providing device and management solutions for treating structural heart disease.
The Product Marketing Manager - TMTI is the core marketing owner and driver of the success for the MitraClip and TriClip product lines in the Structural Heart business unit. This role will report to the Director of US Marketing Structural Heart and will have primary marketing and budget responsibility for designated products.
The Product Marketing Manager – TMTI will focus on product marketing for MitraClip and TriClip, MR and TR and the various products within the U.S. This position will work closely with the sales team and be responsible for aspects of US strategy development plus Forecasting, Financial and Marketing Plan Development, Sales Materials and Training, Pricing, and Materials Management. The Product Manager shall maintain US product expertise for MitraClip and TriClip products/franchises, including market sizes/trend share, customer needs and targeting, product performance/benefits/weaknesses/positioning. This role will also provide on-going field support and will focus on growing market awareness for and related disease states, including new product launches. Success will be measured against sales and margin expectations, sales force competency/knowledge level and market image.
What You’ll Work On
- Maintain worldwide market expertise and relative Structural Heart technologies, including in-depth knowledge of US competitor products and strategies, market trends and dynamics, market/franchise critical success factors, and customer needs.
- Develop and create best in market product messaging and collaborate with global marketing and field team to market test messaging feasibility.
- Develop strategies to address product performance issues.
- Develop and update annual marketing plans/strategies including market analysis, customer segmentation and targeting, product positioning, competitive assessments, and SWOT or other situation assessment.
- Create and develop US specific strategies for new product launches.
- Support launch readiness by developing product inventory timing, marketing programs, and working with communications manager to develop promotional collateral.
- Take a leadership role on project teams to work closely with the project manager to drive accountability and team achievement of goals and milestones.
- Manage creative agencies to plan, develop, and execute new US materials.
- Partner with regulatory colleagues in the review and negotiation of materials to ensure competitiveness, accuracy, and compliance.
- Develop plan & update US forecasts and justification for respective product lines worldwide and present to BU senior management.
- Work with clinical team to develop and drive strategic publication initiatives within the US.
- In this core Marketing role, the PM will drive and be held accountable to deliver Sales, Margin, and PEx goals for designated products.
- The Product Manager will be expected to be responsive and able to directly address questions and requests of senior management, including the SH DVP.
Required Qualifications:
- Bachelors’ Degree with 4+ years related experience, with at least one year of experience in marketing or product management. MBA with 1-3 years of related experience also considered.
- Substantial financial skills, market analysis and advanced communication skills.
- Looking for a self-starter, proactive by nature, interested in breaking the status quo, and innately curious.
- Strong story telling skills to captivate and influence audiences.
- Knowledge/ability to develop and execute a "new" product launch.
- Requires strong analytical skills as well as written and oral communication skills.
- Must be able to understand technical and scientific information. Must be willing to understand and comply with Regulatory requirements.
- Must be able to influence and motivate individuals from sales, marketing, and other functional areas to drive product sales.
- Must be able to complete multiple projects simultaneously with tight deadlines.
- Ability to travel 30-40% of the time
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on X @AbbottNews.
The base pay for this position is $114,000.00 – $228,000.00. In specific locations, the pay range may vary from the range posted.