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Full-Time

Product Commercialisation Manager

Posted on 7/23/2024

Thredd

Thredd

201-500 employees

Payment processing solutions with advanced APIs

Fintech
Financial Services

Mid, Senior

London, UK

Category
Product Management
Product
Required Skills
Market Research
Sales
Communications
Marketing
Requirements
  • Ability to develop and implement comprehensive go-to-market strategies
  • Strong project management skills
  • Strong analytical skills
  • Excellent verbal and written communication skills
  • Flexibility to adapt strategies based on market dynamics and feedback
  • Ability to lead cross-functional teams and influence decision-making processes
Responsibilities
  • Ensuring delivery of a robust outline of new products, features and pricing to support sales and drive stronger alignment on product capabilities
  • Developing and executing the product commercialisation plan, aligning with business objectives
  • Defining product positioning and message to differentiate our products in the market
  • Developing comprehensive launch plans, including timelines, budgets and resource allocation
  • Identifying and developing appropriate distribution channels to maximise and reach sales
  • Managing the budget and resources for product commercialisation activities
  • Ensuring clear and consistent communication with internal stakeholders about product launch status and issues
  • Managing relationships with external partners, vendors and customers to facilitate smooth product introduction and adoption
  • Conducting and analysing market research to understand customer needs, market trends and competitive landscape
  • Developing sales tools, training and support materials to equip the sales team
  • Collecting and analysing post-launch feedback from customers and sales teams
  • Monitoring product performance and adjusting strategies as needed based on feedback
  • Implementing improvements based on performance data and feedback to enhance product performance and customer satisfaction
  • Collaborating cross-functionally with teams such as product development, marketing and sales to align strategies and ensure cohesive execution

Thredd specializes in payment processing solutions, focusing on issuer processing, which involves managing the backend operations of payment cards. The company provides advanced APIs and detailed technical documentation that allow businesses to integrate payment functionalities seamlessly. This service is designed for a variety of clients, from startups to established companies, who need reliable payment processing capabilities. Thredd's business model is centered around offering customizable and scalable solutions, enabling clients to concentrate on their core operations while Thredd manages the complexities of payment processing. Revenue is generated through service fees for API access and transaction-based charges, ensuring a steady income while promoting high transaction volumes. Thredd aims to streamline payment operations and enhance transaction speeds for its clients.

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Simplify's Take

What believers are saying

  • The appointment of Matt Swann as Non-Executive Director brings extensive experience in product and technology transformation, potentially accelerating Thredd's market expansion.
  • Thredd's collaboration with TerraPay to develop next-gen travel payment solutions showcases its innovative approach and potential for growth in niche markets.
  • The company's scalable and customizable solutions make it an attractive partner for a wide range of clients, from startups to established industry leaders.

What critics are saying

  • The fintech sector's rapid growth and regulatory scrutiny could pose challenges for Thredd, especially in maintaining compliance and managing operational risks.
  • The competitive landscape in payment processing is fierce, with numerous established players potentially eroding Thredd's market share.

What makes Thredd unique

  • Thredd's focus on issuer processing and providing advanced APIs for seamless integration sets it apart from competitors who may offer more generalized payment solutions.
  • The company's dual revenue model of service fees and transaction-based charges ensures a steady income stream while promoting high transaction volumes.
  • Thredd's commitment to robust technical documentation and support helps clients integrate payment functionalities quickly and efficiently, a significant advantage in the fast-paced fintech sector.
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