Senior Product Manager, Home Fitness – JR-023656-3522

This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12248060

Join us as we empower the world to work out, creating healthier lives
together.

About the Opportunity:

At Life Fitness, we are looking for a seasoned Senior Product Manager to
join our Consumer Home Category team. This pivotal role will focus on
managing the lifecycle and new product development within the
direct-to-consumer channel, with a primary objective of optimizing and
evolving our DTC cardio and strength equipment portfolio.

In addition to product management, the role is intended to act as a
leader within our consumer business, with oversight of profitability and
overall customer satisfaction. This includes strategic planning,
financial performance management, and ensuring exceptional customer
experiences across all touchpoints.

this is a hybrid position based out of Franklin Park, IL, –
Tuesday/Wednesday/Thursday are in-office collaboration days and
Monday/Friday are remote #LI-Hybrid

Key Responsibilities:

– Operations Management:

– Forecast and implement demand planning strategies to align
production with market needs and financial goals.
– Develop and manage end-of-life strategies for products,
including inventory management to minimize waste and maximize
resource utilization.
– Conduct price testing and optimization to ensure competitive
pricing while maintaining profit margins.
– Identify and implement improvements in order fulfillment,
delivery, and installation processes to enhance customer
satisfaction and operational efficiency.

– Product Strategy and Development:

– Drive planning and roadmap refinement sessions with business and
engineering teams to align on product vision and execution
strategies.
– Collaborate closely with product managers to ensure hardware and
software features are well-integrated and market-aligned.
– Lead customer-based market research initiatives to validate
product requirements and gain deep insights into consumer needs.

– Product and Regional Profitability

– Conduct detailed revenue and margin analysis for SKUs and
product categories to ensure optimal profitability.
– Perform price testing and analysis to determine the most
effective pricing strategies for maximizing revenue and margin.
– Develop and implement pricing models that align with market
trends and customer expectations.
– Monitor and evaluate the profitability of products by global
region, identifying areas for improvement and growth.

– Data Analysis and Portfolio Management:

– Analyze sales data to influence product decisions and identify
portfolio gaps or opportunities for SKU consolidation.
– Regularly monitor and report on significant trends in the home
fitness landscape.

– Collaboration and Communication:

– Work closely with partners in online and dealer sales channels
to understand market trends and identify areas of improvement to
portfolio mix or operational efficiencies.
– Work in tandem with the engineering team to manage, prioritize,
and schedule requests and enhancements.
– Maintain continuous communication with global marketing teams,
ensuring clear understanding of product roadmaps and strategic
directions.

Qualifications:

– Bachelors degree in Business, Marketing, or a related field;
Masters degree preferred.
– Minimum of 7-10 years experience in product management, ideally
within the fitness equipment or consumer electronics industries.
– Demonstrated ability to work effectively in a collaborative
environment and manage cros -functional teams.
– Strong analytical skills and experience with market research,
product positioning, and competitive analysis.
– Excellent communication and organizational skills.

What We Offer:

– A dynamic work environment with a team committed to excellence and
innovation.
– Competitive salary and benefits package.
– Opportunities for professional growth and advancement.

Want to take the next step in your career?

Life Fitness takes pride in our talented employees and believes in
providing opportunities for further growth and advancement. We encourage
you to test your strengths, push your limits, and unleash your
potential. If you feel the position is right for you, we invite you to
apply. Well work with you closely to support you throughout the hiring
process. If your CV/ resume shows that your skills and experience have
synergy with the job description, then well hop on a call to get to
know you and your experience and discuss the position in more detail. If
its not the right opportunity this time, well always let you know.

Life Fitness is an affirmative action-equal opportunity employer. All
qualified applicants, including individuals with disabilities and
protected veterans, are encouraged to apply. Life Fitness c