Director, Product at Favor

Austin, Texas, United States

Favor Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Delivery, Marketplace, E-CommerceIndustries

Requirements

  • A related degree or comparable formal training, certification, or work experience
  • 12+ years of experience in product management
  • 4+ years of direct management experience of product managers
  • Experience in Growth Product Management for a B2C e-commerce product – specifically early customer funnel engagement, discovery and search, promotional/re-engagement strategy, and subscription/loyalty programs (ideal)
  • Experience with underlying e-commerce promotional and merchandising systems and tools (e.g., Talon One, Segment, CRM platforms like Braze, and CMS platforms like Contentful) (ideal)
  • A track record of delivering excellent products that lead to great business results
  • Great communication, presentation, and cross-functional leadership skills
  • Thrive while leading in a fast-paced, regularly changing environment; turn chaos into order; comfortable when there’s too much to do and not easily overwhelmed

Responsibilities

  • Own and evolve the product strategy for the Discovery and Engagement part of Favor’s Consumer roadmap
  • Drive and scale product-led growth initiatives across the early part of the customer journey – from onboarding, discovery, and search, to re-engagement through promotional levers and our subscription program
  • Grow, manage, and mentor the team of product managers that ladder up to your part of the roadmap, helping them to act as leaders and collaborators across the company – analytical, knowledgeable, end-user-obsessed, and skilled at deeply understanding and solving both user and business problems
  • Establish and develop the north star of the product narrative for your domain and help top-level stakeholders and larger audiences understand and feel involved in product work
  • Drive cross-functional alignment and decision-making, and collaborate with leadership and executive teams to drive outcomes
  • Develop and evolve the OKRs, product strategy, and roadmaps for your area, and ensure that they align with the broader product strategy and drive the right outcomes for users and the business; collaborate with other product directors and cross-functional leaders to ensure the collective roadmap achieves the company strategy as a whole
  • Oversee the process, resource management, and execution of your team, coordinating strategy across product managers and squads
  • Coordinate company-wide communication about the roadmap, telling the story of our users and our product goals and strategy
  • Ensure that market insights and conditions inform product direction at a strategic level; drive the use of analytics, financial data, and industry awareness/qualitative knowledge to inform product strategy and key decisions across the organization
  • Impart a user-centric and research-oriented product culture on teams outside of product/engineering, ensuring functional alignment around the roadmap and product strategy

Skills

Product Strategy
Product-Led Growth
Team Management
Mentoring
OKRs
Roadmapping
Cross-Functional Collaboration
Customer Journey
Onboarding
Discovery
Search
Re-Engagement
Subscription Programs

Favor

On-demand delivery service connecting local businesses

About Favor

Favor Delivery operates in the on-demand delivery market, primarily in Texas, providing a variety of products from food and beverages to everyday essentials directly to customers' homes. The service partners with local businesses, such as restaurants and retail stores, to offer a diverse selection of items. Favor Delivery targets busy professionals, families, and individuals who value the convenience of delivery over shopping in person. The company stands out from competitors like DoorDash and Uber Eats by focusing on hyper-local markets and building strong relationships with local businesses while also supporting community initiatives, including promoting Black-owned businesses and LGBTQI communities. Favor generates revenue through delivery fees charged to customers, service fees from partner businesses, and promotional partnerships with local brands.

Austin, TexasHeadquarters
2013Year Founded
$34MTotal Funding
SERIES_BCompany Stage
Social Impact, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Vacation
Professional Development Budget
Flexible Work Hours

Risks

Increased competition from DoorDash and Uber Eats threatens Favor's market share in Texas.
Rising operational costs, including fuel and labor, may impact Favor's profitability.
Dependence on H-E-B poses a risk if partnership dynamics change or H-E-B develops its own platform.

Differentiation

Favor focuses on hyper-local markets within Texas, fostering strong local business relationships.
The company actively supports community initiatives, resonating with socially conscious consumers.
Favor's exclusive partnership with H-E-B enhances its grocery delivery offerings.

Upsides

Favor's H-E-B Now feature offers fast grocery delivery with no fees on orders over $25.
The company's community support initiatives strengthen its brand loyalty among Texans.
Favor's Order-In Experts program enhances customer engagement and local cuisine discovery.

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