Product Development Specialist

Job Responsibilities

• Conduct market research and analysis to identify emerging travel trends, customer preferences, and market gaps.
• Identify opportunities for new product development or enhancement of existing products and services.
• Collaborate with cross-functional teams, including marketing, sales, operations, and finance, to define product development strategies and goals.
• Develop and manage the product roadmap, including timelines, deliverables, and resource allocation.
• Collect and analyze customer feedback, reviews, and market insights to understand customer needs and preferences.
• Conceptualize and design new travel products, itineraries, and experiences that align with customer demands and company objectives.
• Develop detailed product specifications, pricing strategies, and marketing plans for new offerings.
• Collaborate with the marketing team to create compelling product messaging, promotional materials, and sales collateral.
• Work closely with suppliers, vendors, and partners to negotiate contracts, secure resources, and ensure the quality and reliability of products.
• Monitor and analyze the performance of existing products and services, identifying areas for improvement or optimization.
• Conduct competitive analysis to understand market trends, benchmark against industry standards, and differentiate the company's offerings.
• Coordinate with the operations team to ensure seamless execution and delivery of products and services.
• Stay updated on industry trends, emerging technologies, and regulatory requirements related to travel products and services.
• Evaluate the financial viability of new products, considering costs, revenue potential, and profitability.
• Collaborate with sales and distribution channels to train and educate staff on new products and ensure effective product promotion.
• Monitor customer satisfaction, feedback, and complaints related to products and services, taking proactive measures for improvement.
• Support the development of pricing strategies, discounts, and incentives to drive sales and maximize revenue.
• Stay updated on emerging travel destinations, attractions, and experiences to identify unique opportunities for product development.
• Contribute to the company's strategic planning by providing insights and recommendations based on market research and industry knowledge.
• Adhere to company policies, ethical standards, and regulatory guidelines throughout the product development process.
• Perform other department duties related to his/her position as directed by the Head of the Department

Desired Candidate Profile

• Industrial design
• Intermediate Ms Office Suites
• Product Development Process
• Minimum 5 years relevant experience
• Computer Aided Design
• Strong problem & analytical skills

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