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 *** ween 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 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 *** 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
- 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, *** 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
Performance Measures:
- Revenue performance vs. plan
- Yield achievement vs. plan
- 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
• I *** uencing Skills
• Result Orientation
• Negotiation Skills
• Analytical thinking
About *** Star:
*** Star is a leading *** & 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.
*** + Hotstar, India's leading streaming platform, enables us to reach and entertain audiences anywhere, anytime. *** + 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, *** Star has been redefining the *** 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.
About *** (India):
Star India has defined the Indian *** landscape for more than 30 years, and is one of the country's leading *** conglomerates, reaching more than 700 million viewers a month on TV across India and over 100 other countries.
About *** :
*** , together with its subsidiaries and affiliates, is a leading diversified international family entertainment and *** enterprise that includes three core business segments: *** Entertainment, *** , and *** Experiences. From humble beginnings as a cartoon studio in the 1920s to its preeminent name in the entertainment industry today, *** proudly continues its legacy of creating world-class stories and experiences for every member of the family. *** 's stories, characters and experiences reach consumers and guests from every corner of the globe. With operations in more than 40 countries, our employees and cast members work together to create entertainment experiences that are both universally and locally cherished.
This position is with Star India Pvt Ltd (SIPL) , which is part of a business we call *** (India) .
This is not an exclusive Staff Me Up job. This partner requires you to apply on its own site.