Absa Group Ltd
Banking + 2 more
Description
Job Description
Key accountabilities/Deliverables/Outcomes
Digital Product Commercialization Strategy
- Develop commercialization strategies for digital products and services.
- Define revenue growth, adoption, customer acquisition, and usage targets.
- Create product positioning and value propositions.
- Identify market opportunities and growth segments.
- Align commercialization plans with organizational strategy.
2Go-to-Market (GTM) Management
- Develop and execute go-to-market strategies for new and existing digital products.
- Coordinate product launches across business functions.
- Define market segmentation and customer targeting approaches.
- Manage launch readiness activities.
- Measure launch effectiveness and adoption rates.
Customer Acquisition & Adoption
- Drive customer acquisition through digital campaigns and partnerships.
- Increase digital channel migration and utilization.
- Identify barriers to customer adoption and implement solutions.
- Develop customer engagement initiatives.
- Support onboarding optimization initiatives.
Revenue Growth & Monetization
- Identify and implement monetization opportunities.
- Optimize pricing, fees, and commercial models.
- Increase transaction volumes and product utilization.
- Develop cross-sell and upsell initiatives.
- Monitor product profitability and commercial performance.
Market and Competitive Intelligence
- Conduct market research and competitor analysis.
- Monitor industry trends and emerging digital innovations.
- Benchmark product performance against competitors.
- Identify gaps and opportunities in the digital portfolio.
Performance Monitoring & Analytics
- Define and monitor product performance metrics.
- Analyse customer behaviour and usage trends.
- Track revenue, adoption, engagement, and retention metrics.
- Generate insights to guide business decisions.
- Recommend optimization initiatives.
Stakeholder Management
- Collaborate with Product, Marketing, Sales, Technology, Operations, and Customer Experience teams.
- Manage external partners, fintechs, and vendors.
- Present commercialization performance to senior management.
- Influence strategic decisions through data-driven insights.
Role/person specification
Education
- A degree from a reputable institution
Experience
- At least 3 - 5 years’ experience in business development, Sales, sales operations, or strategy roles within a digital business environment. MBA appreciated but not required.
- In-depth understanding of the various mobile banking platforms
- In-depth understanding of Financial Technology (Fintech).
- Maintain up to date knowledge of competitor and local market activity
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