Back to jobs

New Market Development Manager
Milford, OH, USPosted 3 months ago
onsite
Job Description
Job Overview:
The New Market Development Manager is responsible for identifying, validating, and developing new market opportunities within industrial, manufacturing, automotive and agriculture sectors. This role drives growth by expanding the company’s products & capabilities into new applications, customer segments, platforms and end markets. This position works closely with all cross functional teams to translate market insights into scalable, profitable growth.
Duties and Responsibilities
Market and Opportunity Development
Identify and evaluate new markets, applications, and customer segments
Conduct market sizing, competitive benchmarking, and customer segmentation analyses
Assess market attractiveness, technical fit, and manufacturing feasibility
Develop data-driven business cases and market entry strategies
Customer & OEM Engagement
Lead customer discovery with EOMs, Tier1 and Tier2 suppliers, integrators, and distributors
Understand customer technical requirements, qualification processes, and decision criteria
Support RFQs, early-stage design, pilots, and validation programs
Build long-term relationships with key customers and partner stakeholders
Go-to-Market and Commercial Strategy
Partner with Sales and Marketing to define value propositions, pricing strategies, and channel approaches
Support Marketing with development of sales tools and application-specific messaging
Align launch timing and commercialization plans with production readiness and customer timelines
Cross-Functional Collaboration
Work closely with New Product Development and Engineering teams to translate market needs into product requirements
Collaborate with Operations and Accounting to access scalability, cost structure and capacity
Support APQP, PPAP, UN, UL approval process when applicable
Financial & Performance Management
Develop revenue forecast, cost models, and ROI analyses for new market initiatives
Track pipeline development and conversion to production programs
Identify all areas of risk and recommend mitigation strategies
Knowledge, Skills and Abilities
Familiarity with quality and certification requirements
Strong analytical and strategic planning skills
Proven ability to influence cross-functional teams without direct authority
Excellent communication and executive-level presentation skills
High comfort level engaging with cross functional teams and executive stakeholders
Experience launching products into regulated or safety-critical environments
Education and Experience
Bachelor’s in Business, Engineering, Marketing or related field
5-8+ years experience in market, business or product development and strategic planning
Demonstrated experience in B2B industrial, manufacturing, automotive or ag markets
Proven experience supporting technically complex products and long sales cycles
While performing the duties of this position, the employee is regularly required to sit, stand; use hands to finger, handle, or feel; and reach with hands and arms.
The employee regularly is required to walk, climb or balance, and talk and hear.
The employee is occasionally required to lift and/or move up to 20 pounds.
Specific vision abilities required by this job include close vision, color vision, peripheral vision, and depth perception.