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Product Manager - Digital Products & Platform

  • Job
    Full-time
    Senior Level
  • Mumbai, +1

AI generated summary

  • You should monitor lead quality, strategize digital campaigns, analyze performance, manage agencies, and optimize the account opening process, ensuring effective conversions and UX/UI improvements.
  • You will monitor lead quality and conversion rates, analyze digital campaign performance, manage agency relationships, optimize customer acquisition, and enhance call center effectiveness.

Requirements

  • Job Requirements
  • Be vigilant on the quality, quantity & cost of leads generated and making sure to maintain conversions ratios by monitoring it on daily / hourly basis, also take timely feedback on the leads generated from call center.
  • Requires frequent visits to the call center to monitor extensively the performance of callers and make sure every lead generated is being nurtured correctly.
  • Needs to be well updated on the latest digital platforms to devise the cost effective campaign strategies.
  • To analyse lead appetite of existing sales & calling team accordingly plan & strategies digital campaign, prepare Budgets & Media plan every month with estimated CPL & CPA Goals.
  • To have ongoing research on upcoming Digital Platforms & explore opportunities for planning campaigns on these platforms.
  • To evaluate & hire skilled agencies for executing Paid Campaigns, Creative Designing & creating Digital Assets, & maintain relationship.
  • To search for Affiliate Partners, Companies having Large Database to execute revenue sharing / Partnership deals.
  • To obtain Budget approvals from Manager, Generate Purchase Order & Onboarding.
  • To execute digital campaigns as per approved plan & budgets via agencies.
  • To ensure delivery of sufficient number of leads to utilize the Sales & Calling Team Capacity.
  • To get timely feedback on leads generated to assess the quality.
  • To have continuous monitoring, improving & maintaining quality of leads generated & tracking the conversions.
  • To have continuously look for & Implement upcoming digital strategies.
  • To monitor & optimize the performance of all digital campaigns / agencies on the basis of lead quality, conversions & cost.
  • To analyze lead quality & Account opening Funnel, accordingly execute Re-Marketing Campaigns / Digital Follow ups to improve conversions & Reduce Call Center dependency of following up with prospects.
  • To do frequent visits to call center to monitor their performance & timely evaluate their performance & quality also provide them training & guidance on sales pitch.
  • To optimize the performance of account opening journey process, continuous improvement in UX / UI of various digital assets.
  • To compare & benchmark the best e-KYC processes with industry leaders.
  • To review MIS analysis for customer acquisition effectiveness, customer behavior analytics and utilize vast internal data to profile customer behavior and trends on the online channels.

Responsibilities

  • Be vigilant on the quality, quantity & cost of leads generated and making sure to maintain conversions ratios by monitoring it on daily / hourly basis, also take timely feedback on the leads generated from call center.
  • Requires frequent visits to the call center to monitor extensively the performance of callers and make sure every lead generated is being nurtured correctly.
  • Needs to be well updated on the latest digital platforms to devise the cost effective campaign strategies.
  • To analyse lead appetite of existing sales & calling team accordingly plan & strategies digital campaign, prepare Budgets & Media plan every month with estimated CPL & CPA Goals.
  • To have ongoing research on upcoming Digital Platforms & explore opportunities for planning campaigns on these platforms.
  • To evaluate & hire skilled agencies for executing Paid Campaigns, Creative Designing & creating Digital Assets, & maintain relationship.
  • To search for Affiliate Partners, Companies having Large Database to execute revenue sharing / Partnership deals.
  • To obtain Budget approvals from Manager, Generate Purchase Order & Onboarding.
  • To execute digital campaigns as per approved plan & budgets via agencies.
  • To ensure delivery of sufficient number of leads to utilize the Sales & Calling Team Capacity.
  • To get timely feedback on leads generated to assess the quality.
  • To have continuous monitoring, improving & maintaining quality of leads generated & tracking the conversions.
  • To have continuously look for & Implement upcoming digital strategies.
  • To monitor & optimize the performance of all digital campaigns / agencies on the basis of lead quality, conversions & cost.
  • To analyze lead quality & Account opening Funnel, accordingly execute Re-Marketing Campaigns / Digital Follow ups to improve conversions & Reduce Call Center dependency of following up with prospects.
  • To do frequent visits to call center to monitor their performance & timely evaluate their performance & quality also provide them training & guidance on sales pitch.
  • To optimize the performance of account opening journey process, continuous improvement in UX / UI of various digital assets.
  • To compare & benchmark the best e-KYC processes with industry leaders.
  • To review MIS analysis for customer acquisition effectiveness, customer behavior analytics and utilize vast internal data to profile customer behavior and trends on the online channels.

FAQs

What is the primary responsibility of the Product Manager for Digital Products & Platform?

The primary responsibility is to grow the Digital business channel for ABML through internet and mobile trading platforms by generating and sourcing quality leads for opening Demat and Trading accounts and increasing the online customer base through various digital marketing campaigns.

What are the key challenges associated with this role?

Key challenges include ensuring the quality, quantity, and cost of leads generated, monitoring conversions closely, visits to the call center for performance monitoring, and staying updated on the latest digital platforms for effective campaign strategies.

What are the main key result areas (KRAs) for this position?

The main KRAs include strategizing and planning digital campaigns, executing and managing digital campaigns, monitoring and optimizing campaigns, and improving the performance of digital assets and the online eKYC journey.

How often will I need to analyze lead performance?

You will need to monitor lead performance on a daily to hourly basis to maintain conversion ratios and assess campaign effectiveness.

Will I be required to collaborate with external agencies for digital campaigns?

Yes, you will need to evaluate, hire, and maintain relationships with skilled agencies for executing paid campaigns, creative designing, and creating digital assets.

Is training provided for the call center staff?

Yes, part of the role includes providing training and guidance to call center staff to improve their sales pitch and performance.

How does this position contribute to the overall digital marketing strategy?

This position contributes by strategizing digital campaigns, executing them according to an approved plan, optimizing lead quality and conversions, and improving the customer acquisition process.

What qualifications are needed for this role?

While the specific qualifications are not detailed in the description, strong experience in digital marketing, data analysis, project management, and knowledge of financial products would be essential for this role.

Will there be opportunities for continuous learning in this role?

Yes, the role requires ongoing research into upcoming digital platforms and strategies, thereby providing continuous learning opportunities.

How important is the analysis of customer behavior in this position?

Analyzing customer behavior is crucial as it helps to optimize the account opening journey, improve digital assets, and inform campaign strategies based on customer trends.

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

We are Big In Your Life. A journey like no other. Offering innovative products and services, reaching out to millions globally, adding value and adding purpose. As a global industrial powerhouse, we impact millions of lives daily. A global conglomerate, Aditya Birla Group is in the League of Fortune 500, anchored by an extraordinary force of over 187,000 employees belonging to 100 nationalities across 41 countries. We are Big In Your Life through a myriad of offerings, from aluminium beverage cans to construction materials, fashion wear, tyres and plastics, voice and data services, and much more. Our seven decade-long growth journey is underpinned by our philosophy of responsible business practices and stakeholder value creation. Today, Aditya Birla Group businesses are global powerhouses across sectors such as metals, pulp and fibre, chemicals, textiles, carbon black, telecom and cement. Our overseas operations across North America and South America, Europe, Africa and Asia account for 50% of the Group's revenues. We are an employer of choice and were named the 'AON Best Employer in India' for 2018 - the third time in the last seven years.