Product Development Executive

Job description

Product Development Executive 

Exp. – 3+yrs 

Location Indore 

• Product Suitability and Survey:
  Conduct comprehensive market research to identify potential product opportunities. 
• Coordinate and oversee questionnaire surveys across different locations in collaboration with teams. Read more

  
  
  Product Development Executive 

  
  

  Exp. – 3+yrs 

  
  

  Location Indore 

  
  

  
  

  
  

  • Product Suitability and Survey:
    Conduct comprehensive market research to identify potential product opportunities. 
  • Coordinate and oversee questionnaire surveys across different locations in collaboration with teams. 
  • Collect and analyses data from surveys and other sources to gather consumer insights and
    preferences. 
  • Finalize the list of products we can launch based on thorough data analysis to guide our product
    development strategies. 

  
  

  
  

  
  

  • Product Scoping:
    Do initial market research and analysis to understand market trends and consumer demands. 
  • Perform competitor analysis, evaluating market share, channel margins, selling rates, and gross profit
    margins. 
  • Perform financial and business assessments, including purchase rates, channel margins, selling rates,
    and gross profit margin analysis.

  
  

  
  

  
  

  •  Product Development:
    Create a list of companies that specialise in white-labelling selected products. 
  • Select vendors based on criteria’s including quality standards, testing capabilities, and other relevant
    factors. 
  • Finalize product specifications and define quality parameters in consultation with senior
    management. 
  • Validate product labelling to ensure compliance with regulatory standards and brand requirements.