Division
Department
Sub Department 1
Job Purpose
Manage brands to achieve their business objectives to improve the profitability of the organization.Manage the product life cycle, launch of line extensions, sales promotion campaign and all aspects of related to a brand.
Key Accountabilities (1/6)
Achieve brand sales budget by designing and executing brand plans to increase the market share
- Develop Marketing Campaigns to increase brand promotion and recall at internal and external stakeholders
- Timely delivery of promotional inputs to Depots
- Cross-functional interaction with Medical, Purchase, Supply chain, Finance, Compliance, for brand objectives
- Manage of direct marketing costs within agreed measures in order to maximize returns on investment
- Track, analyse and review the performance of the regions against targets
- Manage inventory (Product stock as well promotional inputs)
Key Accountabilities (2/6)
Monitor the implementation of strategies by meeting internal and external customers to understand the execution and propose changes
- Work in field for an average 40 days in an FY for meeting internal and external stakeholders
- Connect with field through VCs and TCs to check implementation of brand strategies and get feedback
- Adopt KOLs to get timely insights towards developing brand strategies
- Utilizing of IMS, SMSRC, Secondary Data, to monitor brand performance
Key Accountabilities (3/6)
Train the internal stakeholders by conducting relevant programs to improve the product knowledge and In-clinic effectiveness
- Conduct cycle meetings to brief the sales force about the quarterly strategies
- Train for the brand during Esproute and develop relevant training material
- Upload product training modules, videos, assessments and blogs on Nalanda
Key Accountabilities (4/6)
Participate in Scientific Conference for Therapy Development
- Organize and Participate in National/ International Scientific Conferences
- Surveys/Panel discussion with participating doctors helps in future launches/unmet market needs from the customer himself.
Key Accountabilities (5/6)
Key Accountabilities (6/6)
Major Challenges
- Drive the sales force for a non-priority brand of the organizations and overcome this challenge through field engagement activities.
- Deal with multiple departments across organization to ensure smooth delivery of inputs and overcome this by planning in advance and effective communication.
- Monitor ROI from customers across geographies and ensure this by regular interactions and follow up with internal stakeholders.
Key Interactions (1/2)
- Sales- For execution of brand strategy on monthly basis
- Medical- To get updated medical content for the brand/ therapy on a weekly basis
- Purchase- Procurement of promotional inputs on a monthly basis
- Supply Chain- To manage inventory of the brand on a monthly basis
- Finance- To understand the E to S of the brand on a quarterly basis
- Compliance- To ensure adherence to the guidelines on monthly basis
- Art Department - To design brand related promotional inputs on weekly basis
Key Interactions (2/2)
- KOLs- To get timely insights on brands and therapies on monthly basis
- Retailers and Stockists- To get an understanding the customer behaviour and competition.
- Creative Agencies - To develop promotional inputs and ideation of brand communication
Dimensions (1/2)
- Brand/ Portfolio sales targets (Rs. 50 to 60 Crs. per annum)
- Expense / Sales ratio (2 %)
- Number of KOLs developed (5 / year)
- Number of training days for field force (12 days/year)
- Market share achievement, internal brand performance, field work (5 days/month)
Dimensions (2/2)
Key Decisions (1/2)
Brand plan making and executionCreative agencies for developing promotional inputsCourse corrections to Brand Plan strategy post reviewing and feedback
Key Decisions (2/2)
Education Qualification
Science graduateFull- time MBA in Marketing
Relevant Work Experience
1-3 years’ experience preferably in Brand Management