Full-Time

Principal Product Manager

Monetization and Personalization

Posted on 1/7/2025

OpenTable

OpenTable

1,001-5,000 employees

Online platform for restaurant reservations

Food & Agriculture
Consumer Goods

Compensation Overview

CA$170k - CA$200kAnnually

+ Annual Cash Bonus + Equity Grant

Senior, Expert

Toronto, ON, Canada

Hybrid position requiring in-office presence in Toronto.

Category
Product Management
Product Marketing
Product
Required Skills
Inventory Management
Product Management
Requirements
  • Bachelor’s degree in Business, Marketing, Computer Science, Economics, or a related field; MBA or advanced degree preferred.
  • 8+ years of product management experience, with at least 3 years in a senior or principal role.
  • Expertise in ad campaign products, self-serve advertising tools, and monetization strategies for digital platforms or marketplaces.
  • Experience with auction-based systems, targeting mechanisms, and performance metrics for ad campaigns.
  • Competency with AI, machine learning, and dynamic pricing systems for optimizing ad performance.
  • Proven ability to lead cross-functional teams, mentor talent, and deliver complex initiatives at scale.
  • Strong data-driven decision-making skills, with the ability to translate insights into actionable product strategies.
  • Excellent collaboration and influencing skills across teams and stakeholders.
Responsibilities
  • Lead the development of OpenTable’s ad campaign suite, delivering innovative, self-serve tools that empower restaurants to manage advertising campaigns and drive measurable business growth.
  • Develop AI-powered solutions to optimize ad targeting, budget management, and campaign performance based on real-time diner behavior and restaurant demand.
  • Build solutions to enhance ad placement, dynamic pricing, and inventory management, ensuring campaigns deliver optimal ROI for restaurants while aligning with diner preferences.
  • Experiment with auction-based pricing strategies, personalized recommendations, and real-time adjustments to drive marketplace efficiency and revenue growth.
  • Ensure ad campaigns seamlessly integrate with the broader marketplace, balancing supply and demand while maintaining a positive experience for diners and restaurants.

OpenTable connects diners with a variety of restaurants through its online reservation service. Users can browse different dining options, read reviews, view menus, and make reservations easily. The platform is free for diners, allowing them to find and book tables at their favorite restaurants. Restaurants benefit from OpenTable by paying a subscription fee to be listed and may incur additional charges based on the number of reservations made. This dual revenue model helps OpenTable maintain a steady income while providing valuable tools for restaurants to manage bookings and optimize seating. OpenTable's goal is to enhance the dining experience for users and support restaurants in growing their business.

Company Stage

Acquired

Total Funding

$46.9M

Headquarters

San Francisco, California

Founded

1998

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven personalization enhances user engagement on OpenTable's platform.
  • OpenTable's dual revenue stream ensures steady income from subscriptions and reservations.
  • The rise of eco-friendly dining presents opportunities for OpenTable to highlight sustainable options.

What critics are saying

  • Increased competition from platforms like Resy could draw diners away from OpenTable.
  • Partnerships like Bar Louie may not meet customer expectations, affecting OpenTable's reputation.
  • Reliance on Booking Holdings poses risks if they face operational or financial challenges.

What makes OpenTable unique

  • OpenTable offers a comprehensive platform for restaurant discovery and reservations.
  • The company provides valuable tools for restaurants to manage and grow their business.
  • OpenTable is part of Booking Holdings, enhancing its market reach and infrastructure.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

401(k) Company Match

Flexible Work Hours

Wellness Program