Rafael Aleksandryan
Verified Expert in Product Management
Product Manager
Rafael is a passionate product strategist, manager, and entrepreneur who loves data and creative problem-solving. His ethos is do less and deliver more, and he always focuses on moving the needle. Rafael has consulted on product revenues ranging from $3-$800 million. In his last role, he grew product area revenues by 25%, scaled a subscription add-on product to +$1 million in revenue, and led the team responsible for 33% of company revenues. His last company had a $1 billion IPO in August 2019.
Expertise
Work Experience
Product Director
Paro
- Led product development as it related to the expert side of the platform.
- Launched a new expert dashboard and productionized underlying ML APIs.
- Increased top-of-funnel conversion by 100% by deprecating the legacy signup process.
- Coached and managed product analysts to help define their growth goals.
Senior Product Manager
Phreesia
- Oversaw a payment revenue increase of +25% and transaction growth of +20%.
- Deployed new features resulting in a 90% increase in revenue, savings of $500,000/year, and a 5-10% increase in subcategory collections.
- Led the creation and design of new REST APIs to allow strategic partners to leverage Phreesia capabilities.
- Closed 44 critical/major bugs, leading to a mass stabilization of the product and reduced customer complaints.
- Established and maintained strategic partnerships with 12 different partners and vendors.
- Developed 3-6 month roadmaps and a product vision for healthcare payments.
- Led SaaS Add-On subscription feature to 100% ARR growth.
Product Manager
Worldpay
- Led a cross-functional team of developers, UI/UX designers, QA, and project management to develop a new B2B eCommerce product from ideation to go-to-market for an annual projected processing volume of $650 million.
- Drove go-to-market for onboarding, pricing, sales and marketing, and customer support.
- Developed wireframes and low-fidelity mock-ups to assist developers and designers in generating prototypes and MVPs.
- Determined feature viability and desirability via user testing/focus groups and market analysis in cooperation with UI and UX designers.
Product Manager
Argon Digital
- Delivered web-based and mobile B2C and B2B eCommerce and internal software solutions such as search, price quoting, time approval, special pricing, social media, and financial modeling, to name a few.
- Delivered features resulting in a projected 25% YoY revenue and $20 million+ increased revenue in retail eCommerce.
- Launched a sales enablement tool that raised US revenue by $25 million in 2016 with a 500% ROI in year one.
- Wrote user, business, design, functional, and non-functional software requirements.
- Developed visual models (business process, data flows, ecosystem maps) to understand the business problem scope (new MVP, business process automation, etc.).
- Collaborated with business stakeholders to convert business needs into software requirements.
- Developed financial models to predict the viability of product features or product initiatives.
Director of Business Development and External Relations
AIESEC in Belgium
- Led business development for the organization, closed over 15 national contracts.
- Launched new product offerings to diversify the brand, with new offerings comprising 15% of revenue in the first year.
- Managed the P&L and selling process, increasing national contracts by over 100% achieving over 75,000 euros in new sales.
- Consulted and coached local-level subsidiaries to help increase efficiency of operations, achieving 25% local subsidiary growth.
Project History
B2B and B2C eCommerce Search For a Major Fortune 500 Company
Led feature development as a consultant for a large software and hardware company (over $30 billion market cap) with the product having attributed revenues of over $800 million for their consumer and business-focused eCommerce search engine.
I doubled the pace of feature development and experimentation during the initial project scope, leading to new features that increased the revenue per visit by over 20% and netted $25 million during my tenure.
One such feature leveraged an existing loyalty program to increase RPV by over 10%.
Greenfield Digital Hosted Payments Page
Led the development of a digital payments page from zero to launching a lean MVP with beta partners for annualized projected processing volume of more than $500 million.
Digital Healthcare Pre-payments
Led the ideation, design, development, and go-to-market for an innovative approach to pre-payment in healthcare. This resulted in a significant improvement to the overall user experience and an increase in collections of 5-10%.
Our solution was developed to address the under-served customer need for both the patient and doctors office. We developed a new approach that allowed us to automatically collect on the necessary funds without further user or provider intervention, resulting in a significant improvement to the consumer experience and increasing the efficiency of in-office staff by removing the need to collect payment.
Business Process Optimization and User Journey Mapping
Created an end-to-end business process and user journey map for a dual-sided healthcare marketplace technology company and provided prioritized recommendations on initial areas for targeting/optimization.
With this information, we developed a prioritized roadmap to allow for the rapid scaling of the organization while increasing organizational gross margin.
Market Research and Competitor Analysis
The client utilized presentation decks and a database of competitor research for investor pitches. Assets created included a competitor gap analysis, SWOT, charting competitors along a Kano curve, several potential business model enhancements, etc.
Rooftop Solar Business Analysis, Process Optimization, and Technology Overhaul
Provided the client with a path towards significant savings by optimizing their business process, recommending and beginning implementation of a BPO tool (ServiceNow type product), and identifying their current workflows.
Education
Bachelor of Business Administration Degree (BBA) in Finance (Investment/Banking) and Marketing
University of Wisconsin-Madison - Madison, Wisconsin, USA
Certifications
Product Management Pathway Certification
Emergn
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