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Full-Time

Product Manager – Monetization Lead

Posted on 12/1/2023

Otter.ai

Otter.ai

51-200 employees

AI-powered real-time transcription and note-taking

Consulting
Enterprise Software
AI & Machine Learning
Education

Compensation Overview

$180k - $210kAnnually

Senior

Mountain View, CA, USA

Category
Product Management
Product
Required Skills
Sales
Communications
Marketing
Requirements
  • Bachelor’s degree in a technical or business field.
  • 5+ years of experience in monetization or related fields, with a proven track record of driving revenue growth.
  • Strong analytical skills and experience with data-driven decision-making.
  • Experience in B2B SaaS preferred.
  • Strong leadership skills, with the ability to manage and motivate a team.
  • Excellent communication skills, with the ability to work effectively across multiple departments.
  • Demonstrated ability to develop and execute successful monetization strategies.
  • Bonus: 2 + years managing a team to do optimization to do growth work.
Responsibilities
  • Develop and execute a monetization strategy that maximizes revenue and profitability while ensuring customer satisfaction and making Otter a ubiquitous premium product.
  • Can work closely with our sales, marketing, and product teams to drive revenue growth and improve customer retention/churn mitigation techniques.
  • Own driving down refund request and payment failure rates working closely with CX team
  • Identify and implement new monetization opportunities through analysis of customer behavior, market trends, and competitive landscape.
  • Work with the product team to design and implement new features that drive user engagement and increase monetization potential
  • Work with Marketing to evolve pricing and packaging to incentivize activation, drive revenue and support new feature rollout
  • Collaborate with the marketing team to create compelling value propositions and messaging that resonates with our target audience.
  • Collaborate with the sales team to create pricing strategies that maximize revenue while minimizing churn and customer dissatisfaction.
  • Analyze data to track revenue performance and identify opportunities for improvement.
  • Lead a team of monetization specialists, providing guidance and support to ensure optimal performance.
  • Partner with cross-functional teams to enable and support exponential growth and engagement goals.
  • Work with Sales to move high-value self-serve accounts into the sales funnel via a PQL motion

Otter.ai offers an AI-powered note-taking and chat app that provides real-time transcription and voice meeting notes. It utilizes OtterPilot to automatically join meetings, write notes, and summarize discussions, while also offering collaborative AI intelligence through Otter AI Chat for messaging and content generation during meetings.

Company Stage

Series B

Total Funding

$73M

Headquarters

Los Altos, California

Founded

2016

Growth & Insights
Headcount

6 month growth

10%

1 year growth

17%

2 year growth

50%

Benefits

Competitive salary

Comprehensive stock and equity package

Hybrid Work Options

Company Gatherings

Comprehensive health care package (medical, dental, vision, life, disability)

PTO

401(k) retirement savings program

INACTIVE