Key Responsibilities:
• Product Development:
• Lead the development of new cosmetic products, including ideation, formulation, and testing.
• Manage product development timelines, budgets, and resources.
• Market Analysis and Strategy:
• Conduct market research to identify trends, customer needs, and competitive landscape.
• Develop and execute product strategies and roadmaps based on market insights and business goals.
• Analyze sales data and customer feedback to refine product offerings and strategies.
• Cross-Functional Collaboration:
• Coordinate with marketing teams to develop and implement product launch plans, including promotional materials and advertising strategies.
• Collaborate with sales teams to support product positioning, training, and distribution strategies.
• Product Lifecycle Management:
• Oversee the entire lifecycle of products, including updates, line extensions, and discontinuations.
• Monitor product performance and make data-driven decisions to drive improvements and optimize sales.
• Regulatory Compliance:
• Ensure that products comply with industry regulations and standards, including labelling and safety requirements.
• Stay informed about regulatory changes and manage necessary product adjustments.
• Financial Management:
• Develop and manage product budgets, including forecasting and cost control.
• Analyze financial performance of products and identify opportunities for growth and profitability.
• Customer Focus:
• Gather and analyze customer feedback to enhance product offerings and customer satisfaction.
• Develop strategies to address customer needs and preferences effectively.
Qualifications:
• Bachelor's degree in Marketing, Business Administration, Chemistry, or a related field (Master's degree or MBA preferred).
• Proven experience in product management within the cosmetic or beauty industry.
• Strong understanding of cosmetic product development processes and market dynamics.
• Strong analytical skills and experience using market research and sales data to drive decisions.
• Familiarity with regulatory requirements and industry standards for cosmetic products.
Preferred Skills:
• Experience with product development from concept to market launch in a cosmetic or Beauty Company.
• Knowledge of cosmetic formulation and ingredient trends.
• Proficiency in product management software and tools.
Job Type: Full-time
Pay: ?35,000.00 - ?45,000.00 per month
Benefits:
• Cell phone reimbursement
Schedule:
• Day shift
Experience:
• total work: 2 years (Preferred)
Work Location: In person
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