Product Manager at Abbott

Austin, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor's Degree OR an equivalent combination of education and work experience
MBA preferred

Responsibilities

Assist in achieving 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

Key technologies and capabilities for this role

Product ManagementSales ExecutionMarketing StrategyMarket AnalysisSales PlanningProfit Margin ManagementHealthcare Products

Questions & Answers

Common questions about this position

What benefits does Abbott offer?

Abbott provides free medical coverage through the Health Investment Plan (HIP) PPO medical plan, an excellent retirement savings plan with high employer contribution, tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit for earning a bachelor’s degree.

Is this Product Manager role remote or onsite?

The position works out of the Austin, TX location.

What are the main responsibilities of this Product Manager role?

Responsibilities include assisting in achieving product line sales and margin targets, developing sales tools and training materials, supporting marketing plans to drive demand, facilitating marketing meetings, and coordinating with internal and external groups for tactic execution.

What is the company culture like at Abbott?

Abbott emphasizes doing work that matters, personal growth and learning, caring for yourself and family, being your true self, career development in an international company, and is recognized as a great place to work, one of the most admired companies, and best for diversity, working mothers, female executives, and scientists.

What makes a strong candidate for this Product Manager position?

A strong candidate should have experience in driving sales and marketing execution, developing sales tools and materials, collaborating with finance, marketing, and sales leadership, and coordinating with internal and external groups in a healthcare or medical device environment, particularly in Cardiac Rhythm Management.

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