As an AI Product Manager specializing in Search Ranking and Pricing, you’ll play a pivotal role in optimizing user experience and revenue generation within a marketplace environment. Your primary responsibilities will revolve around leveraging data-driven insights and machine learning algorithms to enhance search ranking algorithms and pricing strategies.

Key Responsibilities:

1) Strategy Development:

• Collaborate with cross-functional teams including engineering, data science, marketing, and business development to define the product vision and strategy.
• Identify market trends, competitor strategies, and user feedback to inform product roadmaps and feature prioritization.

2) Search Ranking Optimization:

• Utilize machine learning techniques to develop and refine search ranking algorithms, ensuring optimal search results for users.
• Conduct A/B tests and analyze user engagement metrics to continuously improve search relevance and ranking algorithms.
• Implement strategies to personalize search results based on user preferences and behaviors.

3) Pricing Strategy Enhancement:

• Analyze pricing data and market dynamics to optimize pricing strategies for hosts and guests.
• Develop dynamic pricing models leveraging AI and machine learning algorithms to maximize revenue while maintaining competitiveness.
• Monitor pricing performance metrics and iterate pricing strategies based on market conditions and user behavior.

4) Feature Development and Optimization:

• Work closely with engineering teams to translate product requirements into technical specifications and oversee the development process.
• Conduct user research and usability studies to identify opportunities for feature enhancements and optimizations.
• Collaborate with data scientists to integrate advanced analytics and predictive modeling into product features.

5) Performance Tracking and Reporting:

• Define key performance indicators (KPIs) and metrics to measure the effectiveness of search ranking and pricing strategies.
• Generate regular reports and dashboards to communicate product performance and insights to stakeholders.
• Use data-driven insights to identify areas for improvement and iterate on product features and strategies accordingly.

6) Stakeholder Management:

• Act as the primary point of contact for stakeholders, providing updates on product development, performance, and roadmap.
• Collaborate with marketing and sales teams to develop go-to-market strategies for new features and product enhancements.
• Solicit feedback from internal and external stakeholders to continuously refine product strategies and roadmap.
  
  

Qualifications:

• Bachelor’s or Master’s degree in Computer Science, Engineering, Business, or related field.
• Proven experience in product management, preferably in a technology-driven environment with a focus on AI, machine learning, or data analytics.
• Strong understanding of search ranking algorithms, pricing strategies, and marketplace dynamics.
• Proficiency in data analysis and interpretation, with experience using tools such as SQL, Python, etc
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
• Demonstrated ability to translate business requirements into technical specifications and drive product development from concept to launch.
• Strong problem-solving skills and a passion for leveraging technology to solve complex business challenges.