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Full-Time

Senior Product Manager

Portfolio Management

Confirmed live in the last 24 hours

Ecobee

Ecobee

501-1,000 employees

Smart home devices for energy efficiency

Energy
Consumer Software
Consumer Goods

Senior, Expert

Toronto, ON, Canada

Category
Product Management
Product
Required Skills
Sales
Management
Requirements
  • Proven experience in strategy (product & go-to-market), consulting, or general/product management, with hardware products and/or B2B/C subscriptions.
  • A proven track-record of successfully building business cases, developing product roadmaps, crafting positioning and go-to-market strategies, and effectively executing in-market to hit KPIs.
  • You are a collaborator and embrace working cross-functionally to gain alignment and bring great ideas to life.
  • You pride yourself on being an effective communicator with any and all audiences, and you leverage this skill to gain buy-in, overcome issues and achieve results.
  • As a self-starter and natural leader, you are comfortable with ambiguity and will take a position or engage in a tough conversation to drive your business forward.
Responsibilities
  • Own key product/channel P&Ls within the Home Energy business unit, working cross-functionally to identify and execute opportunities to drive revenue, market share and profitability.
  • Develop business cases, lead financial analyses and craft go-to-market strategies for new hardware and service offerings.
  • Leverage knowledge of the market, competitive landscape, customer insights and best practices to deliver positioning, placement, and pricing strategies, and inform home energy’s multi-year strategy and roadmap; collaborate with the product and sales teams on feature development and prioritization as part of the annual operating plan.
  • Collaborate with the home energy leadership team to set quarterly objectives and key results, inform budget, forecast, and long-range planning for the business line and lead and facilitate monthly & quarterly business reviews with senior management on results, plans, and strategy.

Ecobee designs smart home devices that improve comfort, security, and energy efficiency. Their main products include intelligent thermostats, cameras, and sensors that can connect with other smart home systems. The SmartThermostat, their flagship product, allows users to control their home environment using voice commands through Siri and Alexa. Ecobee targets homeowners who want to enhance their living spaces with technology, particularly appealing to those who are tech-savvy and environmentally conscious. The company sells its devices directly and through retail partners, and also offers subscription services for advanced features. Ecobee has achieved significant energy savings in over one million homes, helping customers lower their energy bills while promoting eco-friendliness. Their focus on data privacy and user-friendly design sets them apart in the smart home market, with a goal of providing seamless solutions for home automation.

Company Stage

M&A

Total Funding

$104.7M

Headquarters

Toronto, Canada

Founded

2007

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Simplify's Take

What believers are saying

  • Ecobee's innovative features, like automatic thermostat adjustments during energy emergencies, highlight their commitment to enhancing grid stability and energy savings.
  • Recognition through awards like the 2023 Good Design Award for the Smart Thermostat Premium underscores Ecobee's excellence in design and functionality.
  • The company's expanding product ecosystem, including smart doorbell cameras, positions it well against major competitors like Amazon and Google.

What critics are saying

  • Competition with tech giants like Amazon and Google could limit Ecobee's market share and growth potential.
  • The integration of new features and products may face technical challenges, potentially affecting user experience and satisfaction.

What makes Ecobee unique

  • Ecobee's SmartThermostat integrates voice control via Siri and Alexa, offering a seamless user experience that stands out in the smart home market.
  • Their focus on energy efficiency and eco-friendly solutions appeals to environmentally conscious consumers, differentiating them from competitors who may not prioritize sustainability.
  • The acquisition by Generac enhances Ecobee's capabilities in energy management, leveraging home batteries and solar energy for a more comprehensive smart home solution.

Benefits

Health/Lifestyle Spending Account

75% parental leave top-up

Health benefits starting day 1

25-day paid sabbatical in year 5

$1,500 learning & development budget

Quarterly hackathons

Volunteer Days

Flexible hours & work from home

Your own Ecobee device