Product Economics Manager

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Business Area: VB Group Product & Services

Posting Country:
United Kingdom

Full Time / Part Time:
Full Time

Contract Type:
Permanent

At Vodafone, we’re working hard to build a better future. A more connected, inclusive and sustainable world. As a dynamic global community, it's our human spirit, together with technology, that empowers us to achieve this.

We challenge and innovate in order to connect people, businesses, and communities across the world. Delighting our customers and earning their loyalty drive us, and we experiment, learn fast and get it done, together.

With us, you can be truly be yourself and belong, share inspiration, embrace new opportunities, thrive, and make a real difference.

At Vodafone, we’re not just shaping the future of connectivity for our customers – we’re shaping the future for everyone who joins our team. When you work with us, you’re part of a global mission to connect people, solve complex challenges, and create a sustainable and more inclusive world. If you want to grow your career whilst finding the perfect balance between work and life, Vodafone offers the opportunities to help you belong and make a real impact.

A high-impact and influential role in the Vodafone Business Group Products and Services team. The product economics manager has a crucial part to play in our strategy to drive significant growth in revenue and margin, across our global product portfolios. Working across product lines and markets, you will build and share detailed understanding of product economics and identify opportunities to improve commercial performance.

You will also design, create, and maintain a toolkit to enable Vodafone business products and services to be scaled across markets quickly, efficiently and with maximum commercial impact.

This role reports into the Product Economics Senior Manager and will:

Engage with local markets (OpCo’s), product teams, technology, operations, and commercial strategy to support and influence the commercial design for products throughout the lifecycle.

• This includes:
• Building and maintaining product cost models
• Identifying and documenting cost owners
• Understanding supplier contracts and business rules which have an impact on our cost base and product economics and identify opportunities to leverage
• Visualising cost components and the levers driving changes in both cost and price
• Providing requirements into market benchmarking and customer research to ensure it is actionable commercially and analyse outputs
• Conducting cost benchmarking analysis across products and vendors
• Providing guidance and consultancy particularly on cost
• Build deep commercial product expertise including knowledge of suppliers, commercial terms, competitors, market trends, and technology
• Undertake regular analysis of unit and product economics and:
• Provide economic insight to key stakeholders across central and local market teams
• Highlight material cost changes and implications
• Make recommendations to maximise profitability
• Assess the product economics of scaling and sun setting
• Identify opportunities to standardise, drive commercial innovation, and create efficiencies both within and across product lines.
• Leverage insights from OpCos and external sources to drive best practice
• Create and maintain a toolkit to be used by the central and local market teams eg a structured cost catalogue, unit costs, cost guardrails.

Core competencies, knowledge and experience:

• Strong commercial modelling and analysis skills. Including the ability to make commercial assumptions, input into business cases, and visualise data
• Excellent communication and stakeholder management. Demonstrable experience of leading and influencing recommendations / projects with senior leaders.
• Ability to make complex information simple
• A tenacious, self-starter who is confident working with cross functional, virtual teams in a global environment and a with strong appreciation of new product launches. Comfortable working with ambiguity and able to define new approaches and ways of doing things
• Experience in a Commercial, Pricing or…