Associate Product Manager at Abbott

Austin, Texas, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

Bachelor’s Degree or an equivalent combination of education and work experience
3+ years of marketing/sales experience
Strong presentation and communication skills
Critical thinking and analysis of market conditions and opportunities
Preferred Qualifications
MBA preferred with 1 year marketing experience

Responsibilities

Assist in achieving US Product line sales and margin by helping drive execution of sales and marketing plan, tracking actuals vs. target and other key metrics such as closes, any losses, and growth within accounts, and adjusting tactics as needed to achieve targets
Assist in developing sales tools (literature, brochures, website and all media), training materials, and field sales and customer communications to support sales and the customer and address any product line issues. Assist in assessing value, plan and coordinate presence at key industry meetings. Help develop sales educational/promotional pieces as appropriate: Initiate/manage/implement publications/competitive comparisons to support business strategy as appropriate
Work with Finance, Marketing Manager, Directors and Sales Leadership to support marketing plan to drive demand for Abbott products
Support the organization, development and facilitation of marketing meetings
Work with a broad array of internal and external groups to assure that marketing tactics are executed. Help develop product information and key initiative presentations for use with sales force and key customers
Assist in the development of marketing strategies and tactics to drive demand for Abbott products
Understand global business dynamics and competitive environment and potential impact on business unit results
Assist in development of marketing and sales materials/tools/programs and secure approval via the promotional material approval process
Receive, review and respond to Field Sales & Customer requests
Assist in development of presentations to senior management
Manage a marketing budget for specific programs/tactics (plan a budget, track expenses)
Assist with the identification and evaluation of new business opportunities
Manage relationships with third-party business partners
Participate in the execution of sales meetings, training, industry conferences and tradeshows

Skills

Product Management

Sales Planning

Marketing Strategy

Metrics Tracking

Sales Tools Development

Training Materials

Customer Communications

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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