Instacart

Senior Product Manager, Incentives Efficiency

Instacart

full-time

Posted on:

Location: California, Colorado • 🇺🇸 United States

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Salary

💰 $156,000 - $208,000 per year

Job Level

Senior

About the role

  • Own delivery of hundreds of millions of dollars in incentive spend and optimize incentive programs for ROI while protecting user experience
  • Design, implement, and iterate on machine learning models to improve effectiveness and efficiency of incentive programs
  • Collaborate cross-functionally with engineering, data science, machine learning, and marketing teams to develop and refine incentive strategies
  • Continuously experiment with and analyze incentive offers (discounts, credits, promotions) to maximize metrics like incremental Gross Transaction Value (iGTV) and Return on Ad Spend (iROAS)
  • Take full ownership of incentive efficiency projects to drive metric improvements while maintaining or reducing budget
  • Drive lifecycle growth: help new users form habits, encourage existing users to try new use cases and highlight valuable features
  • Operate effectively in a fast-paced environment, iterating quickly on complex, large-scale challenges

Requirements

  • 5+ years of product management experience
  • Ability to develop and execute a strategic vision for leveraging machine learning to optimize incentive programs, including setting clear goals and KPIs
  • Strong analytical and communication skills, including ability to define and unpack multiple inter-related metrics and communicate outcomes to technical and non-technical audiences
  • Demonstrated leadership skills with ability to take full ownership of projects, drive significant increases in key metrics while maintaining or reducing budget, and deliver projects on time and within scope
  • Ability to thrive in a fast-paced and constantly changing environment, with quick iteration and continuous learning
  • Preferred: Direct experience driving results with machine learning partners
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