Sr. Product Manager at Chamberlain Group

Oak Brook, Illinois, United States

Chamberlain Group Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Intelligent Access, Consumer Electronics, HardwareIndustries

Requirements

  • Bachelor's Degree in Business, Marketing, Computer Science, Engineering or related field
  • 5+ years in Engineering, Marketing and/or Product Management

Responsibilities

  • Develop, communicate and implement product strategy for assigned business unit product portfolio
  • Deliver brand strategy, product portfolio management, integrated marketing planning and pricing strategies
  • Drive annual and multi-year operating plans and results for product portfolio, aligned to Chamberlain Group business objectives (revenue, gross profit, operating income, quality, delivery, cost and innovation)
  • Track product portfolio financial performance
  • Ensure organizational alignment of product portfolio priorities and goals
  • Support achievement of full P&L objectives for the business unit, driving profitability, volume growth and market share, as well as execution of products and services
  • Own achievement of product portfolio average net selling price and gross margin; recommend and implement pricing objectives, strategies, and guardrails to extract maximum value on new and existing products
  • Focus on growing revenue through product line mix and average net selling price improvements, improving margin through cost reductions and updating product line with incremental innovation, growing engagement through improvements to user experience
  • Define and communicate the product portfolio vision in support of the business unit strategy, including maintaining a clear product roadmap aligned to business goals in the short- and long-term; emphasis on fast-paced new product development, sustaining product support and insight driven

Skills

Product Strategy
Product Portfolio Management
Brand Strategy
Marketing Planning
Pricing Strategies
P&L Management
Financial Analysis

Chamberlain Group

Smart home access control solutions provider

About Chamberlain Group

Chamberlain Group specializes in intelligent access solutions, focusing on smart home connectivity and access control systems. Their main products include garage door openers, commercial door openers, and gate operators, which can be professionally installed or purchased as DIY options for enhanced home security and convenience. The myQ app is a key feature that allows users to control their access points remotely, providing added security and convenience. Unlike many competitors, Chamberlain Group combines high-quality hardware with a smart home ecosystem that supports both direct sales and partnerships with professional installers. The company's goal is to lead in the access solutions market while ensuring customer satisfaction and promoting diversity and inclusion within the workplace.

Oak Brook, IllinoisHeadquarters
1954Year Founded
VENTURE_UNKNOWNCompany Stage
Hardware, Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees

Risks

Recall of LiftMaster myQ panels may harm reputation and consumer trust.
Patent lawsuit against Overhead Door Corporation could lead to financial liabilities.
Cybersecurity risks from automotive integrations may expose vulnerabilities.

Differentiation

Chamberlain Group offers a comprehensive smart home ecosystem with the myQ app.
The company provides both DIY and professionally installed access solutions.
Chamberlain Group has a long history of innovation in access control since 1900.

Upsides

Integration with EV charging stations enhances user convenience and platform utility.
Expansion into smart city infrastructure offers new growth opportunities.
AI-powered predictive maintenance can improve reliability and customer satisfaction.

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