Entry Level Product Development Specialist

Entry Level Product Development Specialist Annie International, Inc. provided pay range This range is provided by Annie International, Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $50,000.00/yr - $55,000.00/yr Direct message the job poster from Annie International, Inc. Looking for recent college graduates or soon to be graduating this year. Work onsite at beauty headquarters. Learn the trade, business development, marketing, communication, beauty trends- exciting first job opportunity. Will Train with a Senior product developer. ***Must be able to commute to work every day onsite M-F 8am-5pm. Annie International is searching for people to manage and coordinate product development, sourcing, and monitor our beauty care product lines. These products are designed and sourced from existing & new ideas based on industry experience and contact with customers and the field reps. You must possess a unique blend of business and technical savvy; a big-picture vision, and the drive to make that vision a reality. You must enjoy spending time in the market to understand our opportunities and find innovative solutions for the Beauty and Cosmetic Markets. The person will be responsible for dealing directly with overseas vendors to bring the high-quality products at competitive pricing. The successful candidate will work as a member of the Purchasing Team. Position Responsibilities: Manage the product lifecycle of product lines, all aspects of development from initial concept to final production. Translate brand elements into plans and go-to-market strategies. Proactive verbal and written communication with overseas vendors to ensure correct product positioning. Analyze the market, identify opportunities, and establish brand positioning. Develop, lead, and execute purchasing strategies with vendors around the world. Source and manage vendors with new product development, samples, production, quality control & assurance, etc., responsible for the initial PO planning of new products. Craft negotiation strategies on new product price, COG targets and schedule for a full turnkey production and request quotation based on forecasting and MOQ. Initiate price strategy which includes (RC,MSRP), promotion, based on product positioning strategy. P&L analysis which involves a review of sales, cost, profit projection, re-order planning rate for a new product to ensure the company’s objectives are met. R&D product concept to finalize the product development, packaging & display, managing timelines on production, production, testing, and launching date. Conduct proactive internal and external product testing to ensure product quality, develop direction and restructuring product claims. Align the company around the brand’s direction, choices, and tactics. Track and report key functional metrics to reduce expense and improve effectiveness. Be an evangelist for the product lines and work with internal and external customers including Sales, Marketing, and Customer Support, and key customers. Plan and coordinate new product release with Sales and Marketing; work with Marketing Department to communicate the go-to-market strategy, the product positioning, key benefits, and target customer. Seniority Level Entry level Employment Type Full-time Job Function Marketing, Product Management, and General Business Industries Personal Care Product Manufacturing Benefits Medical insurance Vision insurance 401(k) Disability insurance #J-18808-Ljbffr