StockDaddy - Strategic Partnership Specialist - Marketing (1-3 yrs)
Job Description:
The Strategic Partnerships Specialist will be responsible for identifying, developing, and managing strategic partnerships to drive business growth and expand our market presence. This role requires a proactive and strategic thinker who can cultivate relationships with potential partners, negotiate agreements, and collaborate cross-functionally to execute partnership initiatives. The Strategic Partnerships Manager will play a crucial role in identifying new revenue streams, enhancing brand exposure, and maximizing the value of strategic collaborations.
Responsibilities :
Partnership Identification and Development :
- Conduct market research and analysis to identify potential strategic partners aligned with our business objectives and target audience.
- Build a robust pipeline of partnership opportunities through networking, industry events, and research.
- Initiate and cultivate relationships with key stakeholders of potential partner organizations to explore mutually beneficial collaboration opportunities.
- Develop compelling partnership proposals and presentations that outline the strategic value and benefits of the proposed collaboration.
Partnership Negotiation and Agreement :
- Lead negotiations with potential partners to secure favorable terms, ensuring alignment with company goals and objectives.
- Collaborate with legal and finance teams to draft, review, and finalize partnership agreements, ensuring compliance and minimizing risks.
- Conduct thorough due diligence on potential partners, evaluating their reputation, financial stability, and compatibility with our brand.
Partnership Management and Execution :
- Develop and implement strategic plans for each partnership to maximize value, drive revenue growth, and achieve mutually agreed-upon objectives.
- Collaborate cross-functionally with internal teams (e.g., marketing, product, operations) to execute partnership initiatives effectively.
- Track, monitor, and report on partnership performance, including key metrics, milestones, and ROI.
- Continuously assess partnership performance, identify areas for improvement, and implement strategies to optimize outcomes.
Relationship Building and Stakeholder Management :
- Nurture and maintain strong relationships with key partners, serving as the main point of contact and ensuring effective communication and collaboration.
- Act as an ambassador for our company, representing our brand professionally and building trust and credibility with partners.
- Collaborate with internal teams to leverage partner relationships for joint marketing initiatives, co-branding opportunities, and cross-promotions.
Requirements :
- Bachelor's degree in business administration, or a related field. Additional certifications or courses in brand management or partnership marketing are a plus.
- Proven experience (2-3 years) in brand partnerships, marketing, or business development, preferably in a fast-paced, consumer-focused industry.
- Strong understanding of brand positioning, market dynamics, and consumer behaviour.
- Excellent communication and interpersonal skills, with the ability to build and maintain relationships with external partners and internal stakeholders.
- Strong negotiation and contract management skills, with a keen eye for detail.
- Creative thinking and ability to develop innovative partnership ideas and activations.
- Analytical mindset and proficiency in data analysis to evaluate partnership performance and drive data-driven decision making.
- Ability to manage multiple projects simultaneously and meet deadlines in a fast-paced environment.
- Self-motivated, proactive, and able to work independently as well as collaboratively within a team.
- Proficiency in Microsoft Office Suite and familiarity with marketing tools and platforms.
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