PRODUCT EXECUTIVE📣 Job Ad

About the Role

Napco National is seeking a Product Executive to join its team in Dammam, Eastern Region. This full-time position is central to driving product success by understanding market dynamics, developing strategic plans, and supporting commercial operations to meet business objectives.

Product Strategy and Development

• Conduct comprehensive market research, including quantitative and qualitative studies, to inform marketing plans and provide management with accurate, current insights.
• Analyze market intelligence, industry trends, competitor activities, and evolving customer needs to support Napco's sales and strategic planning.
• Perform analytical assessments, such as SWOT and GAP analysis, to identify target market segments, define competitive advantages, and determine optimal product positioning through price and quality/benefit analysis.
• Develop, implement, and manage strategic marketing plans and brand development plans, overseeing the product/brand portfolio to maximize revenue, profit, and sustainable competitive advantage.
• Manage the product development lifecycle, from consumer research and proforma P&L to estimating market value (EMV) and competitive evaluation, ensuring effective product positioning and commercialization.
• Maintain in-depth product knowledge, including positioning and features, to address inquiries and reinforce brand identity against competitors.
• Understand B2B and B2B2C customer and end-user purchase and consumption behaviors, ensuring product solutions address both stated and implied needs.

Market Operations and Commercial Support

• Establish pricing strategies and policies that align with Napco's business objectives, including sales and market share growth, return on investment, and targeted brand value.
• Apply effective merchandising methods to promote and support Napco's B2C commercial activities.
• Support the sales process by identifying customer requirements, securing payments, reconciling accounts, managing customer complaints, and utilizing Customer Relationship Management (CRM) systems.
• Manage credit activities and customer credit limits in adherence to Napco's Credit Policy.
• Possess knowledge of trade finance, including customs duties, country regulations, INCOTERMS, payment modalities, and international shipping and trade agreements relevant to sales operations.

Core Functional Competencies

• Demonstrated Business Acumen to understand Napco's business environment, objectives, and internal policies.
• Strong Communication skills, both verbal and written, to convey information clearly and comprehensively in a business context.
• Proficiency in Data Analysis & Reporting, including monitoring, collecting, interpreting raw data, and creating reports for decision-making.
• Effective Planning & Organizing abilities to manage work and project activities efficiently, meeting short and long-term objectives.
• Solid Technological Ability to utilize standard office automation systems and software.
• Understanding of Sustainability practices, environmental regulations, and packaging industry trends.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience in product management or a related field.
• Proficiency in both national and foreign languages, spoken and written, is required.

Application Information

This full-time position offers an opportunity to contribute to Napco National's growth in Dammam. Qualified candidates are encouraged to apply.