Full-Time

Senior Product Manager

Portfolio Management

Posted on 8/16/2024

Ecobee

Ecobee

501-1,000 employees

Smart home devices for energy efficiency

Energy
Consumer Software
Consumer Goods

Senior

Toronto, ON, Canada

Options for office-based, fully remote, or hybrid work environment.

Category
Product Management
Product Strategy
Product
Required Skills
Product Management
Financial analysis
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 product, the SmartThermostat, allows users to control their home environment using voice commands through Siri and Alexa. This product, along with their cameras and sensors, integrates easily with other smart home systems. Ecobee targets homeowners who want to enhance their living spaces with technology, particularly appealing to those focused on energy savings and environmental impact. Unlike many competitors, Ecobee emphasizes energy efficiency, claiming to have saved energy in over one million homes, which also helps customers lower their energy bills. They generate revenue through direct sales of their devices and subscription services for advanced features. Ecobee aims to provide user-friendly products while maintaining a strong commitment to data privacy.

Company Stage

Acquired

Total Funding

$163.2M

Headquarters

Toronto, Canada

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with solar energy systems enhances energy management and cost savings.
  • Partnerships with home builders increase market penetration and brand recognition.
  • AI-driven energy management offers personalized and efficient energy solutions.

What critics are saying

  • Increased competition from Amazon and Google could overshadow Ecobee's market presence.
  • Challenges in maintaining data privacy could lead to consumer trust issues.
  • Integration of new features may lead to technical challenges and customer dissatisfaction.

What makes Ecobee unique

  • Ecobee's SmartThermostat integrates voice control with Siri and Alexa for seamless user experience.
  • The company offers a comprehensive smart home ecosystem, including thermostats, cameras, and sensors.
  • Ecobee's focus on energy efficiency appeals to environmentally conscious consumers.

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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

INACTIVE