Job Description

Job Posting Title: Associate Director - Product & Revenue Strategy, Star VijayReq ID: 10059434:About the Role:A team leader role in the Product & Revenue Strategy Function for Star Vijay. 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.Context:Star Vijay is our flagship Tamil GEC Channel in Tamil Nadu market and is a critical part of any client\'s Tamil Speaking Market plan. It has been amongst the leaders in terms of reach across Tamil GEC channels and contributing significantly in terms of revenues. Star Vijay is the leader in Impact programming with popular properties like Bigg Boss, Neeya Naana and Super Singer. We are also leaders in prime-time fiction paving the way for Tamil GEC content. The role is very critical in achievement of regular revenues, identifying sponsorships, and monetizing Impacts, as well as having a complete hold over the portfolio / territory.Key Responsibilities:Strategic / Policy related KRAsCustomer 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 KRAsProduct Understanding

• Developing insights into the genre & channel deliveries to develop customized pitches for clients

• Creating & implementing trade marketing agenda for the channel \xe2\x80\x93 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 \xe2\x80\x93 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 to know 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\xe2\x80\x99 buys
• Deep dive on how advertisers in various sectors buy across genres \xe2\x80\x93 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

Performance Measures:

• Revenue performance vs. plan
• Yield achievement vs. plan

Qualifications:

• Minimum Qualification : MBA/PGDBM (Premier or Tier 1 management institute)
• With at least 8-10 years of post-qualification experience

Personal Attributes:

• Business Acumen

• Strategic planning

• Influencing Skills

• Result Orientation

• Negotiation Skills

• Analytical thinking

About Disney Star:
Disney Star is a leading media & entertainment company in India that reaches over 700 million viewers a month in nine different languages. Our entertainment portfolio which cuts across general entertainment, movies, sports, infotainment, kids, and lifestyle content generates over 20,000 hours of original content every year.Disney+ Hotstar, India\xe2\x80\x99s leading streaming platform, enables us to reach and entertain audiences anywhere, anytime. Disney+ Hotstar has changed the way Indians consume their entertainment - from their favorite TV shows and movies to sporting extravaganzas. With leadership positions in every segment it occupies, Disney Star has been redefining the media landscape for more than 30 years now, anchored on the three pillars of story-telling, innovation and an unwavering focus on delivering to the expectations of our audiences.Join us, and let\'s continue to inspire a billion imaginations.Job Posting Segment: Entertainment-SalesJob Posting Primary Business: Sales Strategy - Vijay TVPrimary Job Posting Category: Sales Pricing and PlanningEmployment Type: Full timePrimary City, State, Region, Postal Code: Chennai, IndiaAlternate City, State, Region, Postal Code:Date Posted: 2024-01-18

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