Responsibilities:
Revenue Growth Strategy:
- Develop and implement annual and quarterly revenue growth strategies across land sales, housing projects, mortgages, partnerships, and value-added services that align with the company's business objectives.
- Recommend innovative commercial initiatives to increase profitability.
- Conduct feasibility studies for new products, services, and business models.
- Develop expansion strategies for new markets and customer segments.
Commercial Performance Analysis:
- Analyse sales performance across all estates and business units.
- Monitor global real estate revenue trends and identify growth opportunities within the real estate sector.
- Evaluate product performance and customer buying behaviour and make recommendations to the Commercial Performance team.
- Prepare commercial insights and recommendations for management.
- Identify factors affecting revenue growth and recommend corrective actions.
Pricing & Profitability Strategy:
- Review pricing structures for our products and services.
- Conduct competitor pricing analysis.
- Recommend pricing adjustments to improve market competitiveness and profitability.
- Analyse discounts, promotions, and incentive structures to ensure positive returns.
- Monitor gross profit margins across all product lines.
Customer & Market Intelligence:
- Conduct market research and competitive analysis.
- Analyse customer demographics, purchasing patterns, and investment behaviour.
- Identify emerging market trends and customer needs.
- Recommend new products and services based on market demand.
- Develop customer segmentation strategies.
Sales & Marketing Alignment:
- Work closely with the senior brand & marketing lead to ensure marketing campaigns generate high-quality leads.
- Partner with the Sales Performance & Operations Manager to improve conversion rates.
- Recommend strategies to reduce lead conversion leakage.
- Improve customer acquisition efficiency.
- Evaluate campaign effectiveness from a revenue perspective.
CRM & Customer Journey Optimisation:
- Analyse customer journeys from enquiry to post-sale.
- Identify conversion bottlenecks.
- Recommend CRM automation improvements.
- Improve customer retention strategies.
- Make strategies that will increase customer lifetime value (CLV).
- Develop referral and repeat purchase programmes.
Business Intelligence & Reporting:
Prepare detailed weekly and executive monthly reports on:
- Revenue performance
- Sales forecasts
- Market trends
- Customer insights
- Revenue opportunities
- Commercial risks
- Business performance dashboards
- Growth initiatives
- Strategic recommendations
Cross-Functional Collaboration:
- Collaborate with the sales team, marketing team, CRM team, operations, technology, construction and customer service to ensure all commercial initiatives support the company's revenue growth objectives.
Strategic Projects:
Lead or support strategic initiatives, including:
- New product launches
- Estate launch strategies
- Revenue diversification projects
- Partnership development
- Customer loyalty programmes
- Digital transformation initiatives
- Commercial process improvements
Requirements:
- Bachelor's degree in business administration, economics, marketing, finance, statistics, or a related discipline.
- A Master's Degree (MBA, MSc, or equivalent) - preferred
- Professional certifications in strategy, business analysis, data analytics, or commercial management are desirable.
- Minimum of 10 years of progressive experience in revenue management, commercial strategy, business development, strategic planning, sales operations, or management consulting.
- Proven track record of developing and implementing revenue growth strategies.
- Experience working with CRM platforms, business intelligence tools, and commercial dashboards.
- Strong understanding of real estate, financial modelling, customer analytics, and market research is an advantage.
Core Competencies:
Strategic Competencies:
- Revenue Strategy Development;
- Commercial Planning
- Business Growth Strategy
- Market Expansion
- Competitive Intelligence
- Pricing Strategy and Product Development
Analytical Competencies:
- Financial Analysis
- Revenue Forecasting
- Business Intelligence
- Data Analytics
- KPI Management
- Market Research and Customer Analytics
Commercial Competencies:
- Sales Strategy
- Marketing Strategy
- CRM Strategy and Customer Experience
- Profitability Analysis
- Negotiation and Partnership Development
Leadership Competencies:
- Strategic Thinking
- Problem Solving
- Innovation
- Decision Making
- Executive Presentation
- Stakeholder Management
- Cross-functional Collaboration
Key Deliverables:
- Monthly, Quarterly and Annual Revenue Growth Strategies
- Monthly and Quarterly Commercial Performance Review
- Monthly Executive Revenue Dashboard and Commercial Strategy Report
- Quarterly Pricing Strategy Report
- Quarterly Customer Insights Report
- Quarterly Market Intelligence Report
- Bi-annual Revenue Forecast
- Bi-annual Revenue Diversification Plan
- Monthly Sales & Marketing Alignment Report
Key Performance Indicators (KPIs):
Revenue Growth (Company Earnings):
- Monthly Revenue Growth – 20% Monthly growth
- Quarterly Revenue Growth – as combined on a monthly basis
- Annual Revenue Achievement (%)
- Revenue per Estate – 20% increase per Estate and across each of the Estate’s products
Profitability:
Profitability shall be measured in terms of:
- Gross Profit Margin
- Net Profit Contribution
- Average Deal Value
- Revenue per Customer
- Customer Lifetime Value (CLV)
Marketing Effectiveness:
- Marketing ROI
- Reduced Customer Acquisition Cost (CAC)
- Cost per Qualified Lead
- Marketing Qualified Lead (MQL) to Sales Qualified Lead (SQL) Conversion
Strategic Growth:
- Number of New Revenue Streams Developed
- Revenue from New Products/Services
- Market Expansion Success Rate
- Commercial Projects Delivered on Time
Executive Reporting:
- Timely submission of weekly, monthly, and quarterly commercial reports and all necessary reports.
- Accuracy of revenue forecasts.
- Quality of strategic recommendations adopted by management.
Location: Ibeju-Lekki, Lagos