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Junior Product Owner - New York, United States - Luxury Brand
Description
Job Description
Job Description
Objective:
We are seeking a highly motivated, dynamic, and talented individual to join our team as a Luxury Jewellery Category Product Owner to play a pivotal role in our luxury jewellery business. This role is a unique opportunity for someone with a strong background project management, and product development, looking to take the next step in their career. Reporting to the Co-founder, you will take ownership of a specific product category, contributing to its growth and success. The successful candidate will work closely with the Co-founder, who will provide mentorship and guidance over a period of 6 months to groom them into a Product Owner role.
Key Responsibilities:
Product Strategy and Category Ownership:
· Collaborate with the Cofounder and other stakeholders to contribute to the development of the overall product strategy.
· Work closely with design teams to ensure product assortments align with the brand's vision.
· Take ownership of your designated product category, actively contributing to strategic objectives.
· Develop and maintain a comprehensive business checklist to guide category-specific goals.
· Collaborate with the merchandising team to review, refine, and optimize the product portfolio. Ensure alignment of products with market demand and current luxury jewelry trends.
Project Management:
· Participate in the planning and execution of category projects, ensuring timely and successful completion.
· Coordinate with cross functional teams to drive product initiatives from concept to market.
Buying Activities:
· Support buying activities across all product categories, including product assortment creation, buying strategy development, and order process completion.
· Conduct regular reviews with HQ teams to optimize buying strategies.
Market Intelligence and Competitor analysis:
· Lead efforts to gather market intelligence specific to your product category. Research market trends, customer preferences, and emerging opportunities to inform strategic decisions.
· Conduct in-depth analysis of the competitive landscape within the luxury jewelry industry for your assigned product category.
· Extract actionable insights from competitor strengths, weaknesses, strategies, and market positioning.
Marketing Strategy and Support:
· Work closely with marketing teams to develop category-specific support materials and marketing strategies. Execute category-specific events and promotional activities as needed.
Performance Metrics:
· Review key performance indicators (KPIs) with the sales team to track progress toward sales targets. Contribute to achieving sales goals, such as the number of doors.
Data-Driven Excellence:
· Measure the effectiveness of strategies within your product category using data and analytics and optimize processes for maximum efficiency.
· Create presentation decks and analyses for executive teams, providing insights on strategic topics. Effectively communicate with C-level executives in HQ and regional teams.
Experience and Skills required:
· Bachelor's degree in business, Marketing, or a related field. Master's degree preferred.
· 3-6 years of demonstrated expertise in marketing and project management or a related role, with a focus on the luxury jewelry industry.
· Strong analytical skills, with proficiency in data analysis tools.
· Ability to communicate effectively with C-level executives in HQ and regional teams. Present decks and analysis for executive teams, providing insights on strategic topics.
· Exceptional interpersonal and communication skills for effective collaboration with cross-functional teams.
· Passion for the luxury jewelry industry, with a deep understanding of product categories and trends.
· Self-motivated with the ability to work independently to drive strategic initiatives with a results-oriented focus.
· Smart and proactive thought process with a strong desire to learn and grow.
· Ability to work in a fast-paced, dynamic environment.