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Director of Marketing

iSoftTek Solutions logo

Location
United States
iSoftTek Solutions

Job Description

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.

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About the job

Dec 10, 2024

Full-time

  1. US United States
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