Alexander Somov

Alexander Somov Email and Phone Number

London, England, GB
Alexander Somov's Location
London Area, United Kingdom, United Kingdom
About Alexander Somov

Accomplished Product Manager with over 5 years of experience in AI and IT within startups and large companies. Demonstrated success in managing cross-functional international remote teams and driving significant results in fast-growing startups across CIS and USA markets. Expertise in data analysis, lifecycle management, and strategic planning. Proven ability to lead product development from ideation to launch, fostering innovation and growth. Previous experience in strategic consulting at McKinsey & Company, enhancing skills in management and communication.

Alexander Somov's Current Company Details
VideoPoint | Boosting Conversions with Shoppable Video

Videopoint | Boosting Conversions With Shoppable Video

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Head of AI Products
London, England, GB
Website:
videopoint.ai
Employees:
4
Alexander Somov Work Experience Details
  • Videopoint | Boosting Conversions With Shoppable Video
    Head Of Ai Products
    Videopoint | Boosting Conversions With Shoppable Video
    London, England, Gb
  • (Early Stage Startups) Under Nda
    Senior Product Manager
    (Early Stage Startups) Under Nda Aug 2023 - Present
    • Identified new market opportunities and developed transformation strategies for a digital communication product, reducing costs by 25% and increasing revenue by 36% within two years.• Researched AI applications for a FashionTech startup, proposing solutions that significantly reduced feature development time and tripled product speed.• Delivered data analysis tools and models for sectors including FinTech, media, telecom, and PropTech, enhancing decision-making and operational efficiency.• Developed an optimization algorithm and task-planning product for a major European PropTech company, improving productivity by 30%.
  • Cryptocurrency Product (Startup Early Stage) Under Nda
    Chief Product Officer
    Cryptocurrency Product (Startup Early Stage) Under Nda Nov 2022 - Dec 2023
    • Led the creation of an AI-based cryptocurrency algorithmic trading bot, achieving a 20% monthly ROI on the Ethereum network.• Launched the first MVP, implementing real-time monitoring and a dedicated dashboard for trade evaluation, resulting in a 15-point increase in NPS and a 10% reduction in churn.• Provided clients with actionable insights to optimize payment strategies, enhancing overall customer satisfaction.
  • Yaizy
    Senior Product Manager
    Yaizy Nov 2021 - Oct 2022
    United States
    • Managed a diverse product portfolio, achieving 188% year-over-year revenue growth.• Conducted market analysis and strategic decision-making, reducing product development time by 25% and cutting costs by 80% by selecting a different infrastructure.• Increased Customer Satisfaction Score (CSAT) in core products by 50%.• Expanded the product portfolio from 2 to 5+ products across 4 sub-fields.• Successfully entered the B2B sector, preparing comprehensive marketing, product, and sales materials, expanding to 4,500 distribution partners with a potential reach of 5 million new users.• Achieved 50% client base growth and doubled the Net Promoter Score (NPS) to 80 points.• Established a strong link between go-to-market strategies and product development to ensure alignment with customer demands and market expectations.
  • Home Market
    Product Manager
    Home Market Dec 2018 - Aug 2021
    • Boosted average turnover by 20% and reduced out-of-stock levels by 3% through the development of an automated inventory management system and an AI-based demand forecasting system.• Enhanced sales in selected categories by 10% with the implementation of a shelf recognition system, optimizing merchandising and reducing shelf downtime.• Pioneered the launch of an AI facial recognition system, increasing revenue by 40% in selected categories and refining the overall product assortment.• Cut project costs for the facial recognition system from tens of thousands USD to under $5k by leveraging strategic partnerships and in-house expertise.• Built the entire e-commerce channel from scratch for a traditional retail business. Analyzed company and market data, assessed digital channel potential, and convinced management to start an online venture, increasing online channel turnover to match top competitors.
  • Mckinsey & Company
    Junior Business Analyst
    Mckinsey & Company Aug 2017 - Jul 2018
    • Orchestrated comprehensive IT diagnostics, and crafted an effective optimisation model for the distribution of 100+ SKUs across 30+ locations.• Performed market research in the chemical industry, identifying the top 5 sectors for profitability.• Automated analysis procedures, saving over 100 hours for the team.• McKinsey Digital is the Firm's practice driving digital transformation, advanced analytics, business building, IoT, design, and core technology modernization, collaborating with start-ups and entrepreneurs to deliver the latest solutions to clients.
  • Hays
    Hr Tech Intern
    Hays Aug 2015 - Sep 2015
    • Created an automation script for CV analysis, prioritizing applicants and saving over 4 hours daily.

Alexander Somov Education Details

Frequently Asked Questions about Alexander Somov

What company does Alexander Somov work for?

Alexander Somov works for Videopoint | Boosting Conversions With Shoppable Video

What is Alexander Somov's role at the current company?

Alexander Somov's current role is Head of AI Products.

What schools did Alexander Somov attend?

Alexander Somov attended Higher School Of Economics.

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