Head of Market and Product Research at Baobabplus

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
62897
Job Views
112

Job Description



Mission



  • The position is a pivotal role responsible for shaping a company's market strategies & product development based on comprehensive research and analysis.

  • Lead our efforts to gain a deep understanding of the market, competition, and customer preferences.

  • This role plays a critical part in guiding the company's decision-making processes and ensuring a competitive edge in the market.


Responsibilities



  • Market Research: Conduct in-depth market research to identify trends, opportunities, and customer preferences relevant to the company's products or services.

  • Competitive Analysis: Analyse competitors' products,strategies, and market positioning to inform product development and market strategy.

  • Product Development: Collaborate with cross-functional teams to provide insights and recommendations for new product development or improvements to existing products.

  • Data Analysis: Utilize data analytics tools and methodologies to gather and interpret market and customer data, providing actionable insights.

  • Strategic Planning: Develop and implement strategic plans based on research findings to achieve business objectives and revenue targets.

  • Team Leadership: Manage a team of researchers and analysts, setting goals, providing guidance, and ensuring the team's performance aligns with company objectives.

  • Stakeholder Communication: Present research findings and recommendations to company executives and other stakeholders, influencing decision-making processes.

  • Budget Management: Oversee the budget for research projects and ensure efficient allocation of resources.

  • Market Positioning: Help define the company's market positioning and branding strategies based on market insights.

  • Follow up on departmental strategy implementation

  • Action plan. Consolidate company wide action plan


Qualifications



  • Education: Bachelor's or Master's Degree in a relevant field such as Market Research, Business, Economics, or Statistics.

  • Experience: Proven experience in market research, product research, or related roles, with several years of leadership experience.

  • Analytical Skills: Strong analytical and data interpretation skills to derive meaningful insights from data.

  • Leadership Abilities: Effective leadership and team management skills to lead a research team.

  • Communication: Excellent communication and presentation skills to convey complex findings to non-technical stakeholders.

  • Strategic Thinking: Ability to think strategically and use research insights to shape the company's direction.

  • Industry Knowledge: Familiarity with the industry, market trends, and competitors.

  • Technical Proficiency: Proficiency in data analysis tools and software, such as Excel, SPSS, or data visualization tools.

  • Problem-Solving: Strong problem-solving skills to address complex market and product-related challenges.

  • Adaptability: Ability to adapt to evolving market dynamics and technologies.


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