Brand Sourcer
il y a 4 semaines
Reporting Line: CEO of Oli’s Lab
The Brand sourcer will have the following duties:
* Market Research and Analysis:
* Conduct thorough market research to identify emerging trends, new brands, and innovative products in the cosmetics industry. * Analyze competitor strategies and product offerings to inform sourcing decisions.
* Brand Identification and Evaluation:
* Identify potential brand partners that align with the Oli’s Lab’s vision, target audience, and product standards. * Evaluate brand quality, product efficacy, and market potential through product testing, reviews, and performance metrics.
* Relationship Management:
* Build and maintain strong relationships with brand representatives, suppliers, and manufacturers. * Serve as the primary point of contact for brand partners, facilitating communication and collaboration.
* Negotiation and Contract Management:
* Negotiate terms of partnership agreements, including pricing, exclusivity, distribution rights, and marketing support. * Manage contract processes, ensuring compliance with Oli’s Lab policies and legal requirements.
* Product Assortment and Development:
* Work with internal teams (e.g., marketing, sales, product development) to integrate new brands into Oli’s Lab's product portfolio. * Collaborate on product launches, promotional activities, and brand positioning strategies
* Performance Monitoring and Reporting:
* Monitor the performance of sourced brands, including sales data, customer feedback, and market trends. * Provide regular reports and insights to senior management on brand performance and market opportunities.
* Strategic Planning:
* Develop and implement sourcing strategies that support the Oli’s Lab's growth objectives and brand positioning. * Stay informed about industry developments, regulatory changes, and consumer preferences to adapt sourcing strategies accordingly.
About the right candidate :
- Bachelor's degree in Business, Marketing, or a related field (Master's degree is a plus)- ability to demonstrate a 3 to 5 years of experience in brand sourcing, buying, or business development within the cosmetics or beauty industry.- Strong understanding of the cosmetics market, including trends, key players, and product categories.- Excellent negotiation, communication, and interpersonal skills.- Proven ability to manage multiple projects and deadlines in a fast-paced environment.- Analytical mindset with proficiency in using data to drive decision-making.- Ability to travel as needed to meet with brand partners and attend industry events.- Fluency in English is a must for this position- Remote work possible with occasional travel
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