Martin, who turned 50 yesterday, confirmed he was seeking the position next year, saying he brings passion and coaching skills to the position.
The side missed the quarterfinals this year, finishing 10th in the 14 team competition, logging a four win, one draw, five loss record.
He admitted he had found parts of the season tough.
"I know what you are responsible for: firstly your team and the players, and secondly the province. I respect the opportunity for people to come along and say what they think. That is what you get with the job."
Martin said, putting the results to one side, he wanted to come back.
"I feel we have got a good bunch of players here who are determined that next year will be not like this year. I have enjoyed working with them and I want to be part of them next year.
"I think I have got something to offer. A passion, coaching skills."
He thought he had become a better coach over the past three years.
He rejected the suggestion he was too "nice".
"I use a balance of carrot and stick. The modern player, rightly or wrongly, like all of us, likes encouragement, likes to know their boundaries. They need to be brought back in line, but by and large they like positive encouragement and support from the coach.
"They like to be involved but they still respect the coach's right to have the final say."
He felt there were some promising players coming through who would benefit from the season.
"The proof in the pudding is with the players and did they develop with my coaching? And I put my hand up to say they did. You'll get found out if you can't coach."
Martin, who has come to the end of his three year contract, said he enjoyed coaching the players throughout the season, but had found it frustrating the team did not consistently put together an 80 minute performance.
"I also think some players in the team would be disappointed in their form in the Air New Zealand Cup," he said.
Martin declined to name specific players, but also pointed to inexperience costing the side dearly.
"As a team we were inexperienced. If we didn't bag those opportunities early on in the game, then the guys would start to worry and play within themselves."
Martin said in 2006, the Otago squad collectively had 874 caps, but this year the side had 367 caps, and that lack of experience was telling.
He said other teams, such as Hawkes Bay and Tasman, had been together for a couple of years and that was crucial.
Martin also said the forced decision to playing captain Craig Newby at openside flanker led to a loss of experience in other loose forward positions.
He said Newby played well, but his experience in the blindside flanker role was sorely missed.
But talking to the players in the past week, Martin said they were all keen to return and benefit from what they had learnt this year.
He said the team was fit enough, as players had recorded personal best times in training, but admitted at times the side had gone into its shell.
Otago Rugby Football Union chief executive Richard Reid said the Otago coaching position was being reviewed and an announcement was due by the end of the week.
