Position Summary...

What you'll do...

Staff Product Manager - Walmart Data Ventures

Are you an entrepreneurial spirit with a knack for product management? Do you thrive on the challenge of transforming raw data into actionable insights? If so, we want YOU to join our team at Walmart Data Ventures. We're on the lookout for a Staff Product Manager to drive this transformation from concept to deployment.

About Data Ventures:

Data Ventures exists to unlock the full value of Walmart's data by developing and productizing B2B data initiatives that empower merchants and suppliers to make better, faster decisions for the business. As part of this transformation, we're seeking entrepreneurial individuals to help drive data productization from concept to deployment.

• Market Research: Conduct thorough research to identify emerging trends, market gaps, and customer pain points that could be addressed with new products or revenue streams.

• Competitive Analysis: Analyze competitors' offerings to identify opportunities for differentiation or areas where competitors might be lacking.

• Opportunity Assessment: Evaluate potential opportunities based on factors such as market size, growth potential, alignment with company strengths, and profitability.

• Ideation: Brainstorm and generate innovative product ideas or revenue models based on research and insights.

• Feasibility Studies: Assess the technical and financial feasibility of proposed concepts, including resource requirements and potential return on investment.

• Prototype Development: Create and refine prototypes or proof-of-concept models to validate the viability of the product or revenue opportunity.

• Value Proposition: Define and articulate the value proposition of the new product or revenue stream, including unique selling points and benefits to customers.

• Financial Modeling: Develop financial models to project revenue, costs, and profitability. Prepare detailed business cases to support decision-making.

• Go-to-Market Strategy: Formulate initial go-to-market strategies, including target audience, pricing strategy, and distribution channels.

• Coordination: Work closely with various departments such as engineering, marketing, sales, and finance to align on goals and ensure the feasibility of the new opportunities.

• Stakeholder Engagement: Engage with internal and external stakeholders, including potential customers, industry experts, and partners, to gather feedback and refine ideas.

• Market Testing: Execute pilot programs or beta tests to gather real-world data on product performance, customer feedback, and market reception.

• Data Analysis: Analyze test results to assess product viability, identify potential improvements, and gauge market demand.

• Planning: Develop and manage project plans, timelines, and budgets for validating new opportunities.

• Risk Management: Identify potential risks and develop mitigation strategies to address challenges that arise during the validation process.

• Reporting: Regularly update senior management on progress, key findings, and recommendations.

• Documentation: Maintain thorough documentation of research findings, development processes, and test results.

• Knowledge Transfer: Share insights and learnings with other teams and departments to foster a culture of innovation and continuous improvement.

• Scaling Strategy: Develop strategies for scaling successful pilots or new revenue models into full-scale products or business units.

• Implementation Planning: Collaborate with relevant teams to transition successful concepts into operational processes, including scaling production and rolling out marketing initiatives.

• You are customer obsessed , collaborative, and data-driven in your product management approach

• You have a test and learn mentality and a bias towards action

• You are an innovative thinker and able to synthesize data from multiple sources (including analytics, user research, market research, etc .) to identify unmet needs and develop new data product concepts, from initial use case exploration to complete G o - to -M arket recommendation.

• You are able to translate product strategy into detailed requirements , implement, and iterate quickly

• You have the ability to work across partner teams to influence, build trust, and communicate clearly

• You p ossess a proficient understanding of data, data management and good data practices

• You are familiar with the PDLC and best practices

• You are comfortable diving deep into the technical details to become a domain expert