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Full-time
postgraduate degree
Posted 25d ago
~40 hrs/week
Responsibilities
Lead the Product & Revenue Strategy for the Telugu entertainment cluster, acting as the link between content and sales teams to optimize channel inventory. Responsible for defining pricing strategies, creating revenue business plans, and maximizing monetization for channel properties.
Requirements
Requires an MBA or PGDBM from a premier management institute with 12-15 years of post-qualification experience. Candidates must possess strong strategic planning, analytical thinking, and negotiation skills.
Full job description
Job Summary A team leader role in the Product & Revenue Strategy Function for South . This position is required to support& facilitate Sales team of the respective cluster/ language. The incumbent will act as a key link between Programming/Content team and Sales teams and drive the brand philosophy and sales/revenue strategy for the channel to optimize channel inventory. This will be done through effective forecasting, planning, pricing and property integrations based on deep understanding of customer needs and patterns
Key Responsibilities
Strategic / Policy related KRAs
Customer and Pricing Strategy:
Defining the pricing strategy along with the PRS Head and National Genre Head for the channel/cluster basis organization objectives, budget for the year, market scenario, competition, etc. in order to ensure the sales organization achieves overall revenue target.
Driving the channel pricing agenda - setting benchmarks, providing inputs and sign-offs on deals, and participating in deal negotiations as and when required
Build client wise strategy/ deal structuring for the channel which includes creating and recommending client pricing options for individual client deals, building monthly client packages including decisions on what time bands to allocate to each client based on what works for their target segments and track deviations in delivery
Build sponsor packages for impact shows and ensure maximum monetization for each property on the channel
Build band wise revenue budget, show and property wise pricing including determination of sponsor packages
Create and maintain strategies based on key genres to help understand the genre behavior, trends, movements etc. that may have impact on business.
Strategic Forecasting:
Creating revenue business plan across portfolio of channels in a particular genre
Building bottom-up revenue plans for the fiscal, quarter & month
Tracking performance vs. annual plan, revising forecasts etc.
Operational / Process / Technology related KRAs
Product Understanding
Developing insights into the genre & channel deliveries to develop customized pitches for clients
Creating & implementing trade marketing agenda for the channel – Mailers, On Air promos, Trade events etc.
Define a measurement process to ensure that client and agency are aligned on key performance metrics,
establishing realistic business goals, and providing frontline support through reporting and analytics
Impact landscape sizing of a particular genre – understand the kind of impact properties across channels, changes
and evolutions compared to the previous year and deeper understanding of the advertisers who buy impact
Cross functional collaboration:
Engage with sales teams for ensuring revenue rationalization by forecasting projections/trends for a healthy business and designing attractive packages for the sales team to take to the market, conducting roadshows.
Prepare the sales team so they can handle queries from clients and media planners/buyers with confidence.
Supporting ad sales team with operational tasks on rate cards, internal deal approvals, client sales proposals etc.
Liaise with the Programming teams and build a thorough understanding of the channel objectives and
performance in order to identify monetization opportunities, as also provide market / sales feedback in relation to channel properties
Work collaboratively across Sales and Ops to ensure seamless delivery on deals from a client perspective, as well as inventory optimization and revenue maximization from a business perspective
Use of Tools and Systems :
Building an understanding of the industry and clients through industry reports, trends, articles and BARC data toknow plans of our key clients and categories to pre-empt the sales team for proactive pitching.
Analyze market trends, Media performance versus Brand parameters and other critical trends.
Helps building client dockets to understand the advertising patterns for key advertisers versus competition genre
wise, channel wise, brand wise, market wise and make recommendations basis the same to improve the efficiency of clients’ buys
Deep dive on how advertisers in various sectors buy across genres – understanding the top categories, players, buying mix, impact purchased, channel mix, etc
Financial Accountability / Commercial Impact
Revenue and Yield Delivery
Working along with the sales team to ensure revenue targets are met
Achieve yield objectives of annual plan
Maximise channel/genre revenues across time slots, execute corrections and manage monthly revenues.
Develop a strategy for the next year including customer strategy, pricing strategy and programme wise plans to add up to the channel revenue
Competitive analysis and Benchamarking –
understand what the competition is doing and be agile to take decisions based on Supply, demand and other macro factors
Prepare client pitch decks, Monthly/Quarterly review decks along with the team
Stake holder management –
Liase with programming on the FPC and suggest changes based on the feedback from sales, monetization potential and demand situation.
Problem solving skills are mandatory
Skills & Attributes for success
Strategic planning
Influencing Skills
Result Orientation
Negotiation Skills
Analytical thinking
People management Skill
Preferred Education & Experience
Minimum Qualification : MBA/PGDBM (Premier or Tier 1 management institute)
With at least 12-15 years of post-qualification experience
JioStar brings content, sports, and innovation to 800M+ viewers across TV and Streaming every week.
Industry
Entertainment Providers
Company size
5,001-10,000 employees
LinkedIn followers
39,191
Perched firmly at the nucleus of spellbinding content and innovative technology, JioStar is a leading global media & entertainment company that is reimagining the way audiences consume entertainment and sports. Its television network and streaming service together reach more than 800 million viewers every week, igniting the dreams and aspirations of hundreds of millions of people across geographies.