The Marketing Director will lead comprehensive strategic marketing initiatives across marine, power, and defense segments . This pivotal role encompasses directing product management, channel management, business intelligence, branding, and communications with a focus on robust demand generation strategies to ensure substantial business growth. The director will operationalize specific KPIs to measure, analyze, and elevate performance across all marketing dimensions.
Key Responsibilities:
Product Management:
- Develop and execute innovative marketing strategies that drive revenue growth through existing products and services portfolio.
- Work in partnership with engineering to define and launch new services offerings.
- Develop pricing strategies and EBITDA improvement programs through our quoting and CPY process
- Regularly evaluate and optimize the product portfolio based on performance metrics and market demand.
KPIs:
- Increase revenue from existing products/services annually.
- Achieve a year-over-year gross profit percentage growth.
- Enhance GMROI on the top 80% of revenue by brand.
Channel Management:
- Design and implement channel strategies in partnership with the Segment leaders to improve integration and performance across all marketing channels.
- Work in collaboration with our OEM partners to bring products and aftermarket parts to our segments effectively.
- Foster strong partnerships and synchronize efforts across various distribution channels to ensure alignment with overall business objectives.
KPIs:
- Secure growth in gross profit percentage over the previous year in all channels.
- Attain GMROI improvements on the top 80% of revenue by brand.
New Product Launches:
- Lead the launch of new products and services, ensuring alignment with market needs and company goals.
- Coordinate cross-functional teams to ensure effective market penetration and adoption of new offerings.
KPI:
- Track and report the revenue percentage from newly introduced products and services over the trailing twelve months.
Customer Insights (Know customer 360°):
- Utilize analytics and customer data to deepen understanding of customer behavior and needs.
- Apply comprehensive segmentation criteria to refine marketing strategies and customer interactions.
KPIs:
- Identify growth opportunities within the top customers.
- Maintain up-to-date segmentation and targeting criteria to enhance customer engagement strategies.
- Regularly update total addressable and served market calculations every six months.
Customer Acquisition:
- Develop targeted strategies to attract and acquire new customers from identified high-priority sectors.
- Optimize the sales funnel from lead generation to order intake, focusing on improving conversion rates.
KPIs:
- Increase the percentage of total sales attributed to new customers.
- Shorten the average sales cycle from qualified lead to order intake.
- Achieve targets for new customer wins in terms of both quantity and revenue.
Customer Retention and Expansion:
- Implement initiatives to enhance customer loyalty and expand share of spend among existing customers.
- Conduct regular pricing reviews to ensure competitiveness and profitability.
KPIs:
- Elevate customer retention rates year-over-year.
- Grow the share of spend (wallet share) among existing customers.
- Improve gross profit efficiency and compare opportunity pipeline GP% to that of current customers (TTM).
Requirements
Minimum Qualifications:
- At least 10 years of strategic marketing experience, preferably in the marine, power, or defense industries.
- Bachelor’s degree in Marketing, Business Administration, or a related field; Master’s degree preferred.
- Demonstrated leadership in managing marketing teams and strategic projects.
Critical Competencies:
- Strategic and analytical thinking, strong leadership qualities, advanced communication skills, and a capacity for innovative problem-solving.
Working Conditions:
- Primarily office-based with occasional travel for market research, partner engagement, and team coordination.
Benefits
Medical, Dental, Vision, Highly Competitive PTO Accrual, 10 Paid Holidays, Life Insurance, AD&D, Short/Long-Term Disability, 401K with Company Match, Pet Insurance, Optional Supplemental Insurances, Legal Assistance for Identity Theft, Health Advocate, Tuition Assistance, Maternity and Paternity Leave, Adoption Aid, Referral Bonuses, and more.