About the RoleHER Potential is our Purpose.
With the ultimate purpose of supporting our Independent Beauty Consultants in maximizing HER potential in both personal and business growth, this role leads and supports product development projects under guidance of the Product Manager, Global Product Management, across categories like skincare and beauty nutritional supplements. Participates in the development and implementation of global portfolio/ product development plans by gathering information and providing key reviews at various points in the planning process, develops analyses of pricing, cost, and competitor information for review, develops options for products and packaging for consideration, and ensures the accurate, consistent communication of information to the manager and to key partners. Generates and evaluates solutions to address timeline and other issues as they arise and provide recommendations to manager and project team.
Responsibilities:- Under the direction of the Manager, leads and supports the commercialization of global and regional new product development projects (including but not limited to new product innovation, formula updates, and packaging changes); and commercial innovation projects (including but not limited to value engineering) to support the product lifecycle management of the assigned product portfolio, delivering on profitable growth for the company. Collaborates and communicates with R&D, program management, product research organization, creative, legal/regulatory, and region/ local marketing teams to manage/advance said projects' timelines.
- Supports and participates in the development of new product concepts and strategies in collaboration with the Manager.
- Completes market, competitive and internal sales performance reviews to understand business/ product opportunities.
- Monitors trends in the competitive landscape and distill actionable insights.
- Creates project requests and project scope documents in collaboration with cross-functional teams.
- Provides formula and package direction to internal partners for product development. Evaluates and provides preliminary approvals on product and package aesthetics.
- In partnership with the Manager, works with the brand positioning team to create product positioning documents for new products as well as update current product positioning documents for commercial innovation opportunities.
- In partnership with the Manager, prepares pricing recommendations based on competitive analysis, secondary research, and internal cost parameters.
- Partner with product research organization to develop and recommend scope and methodology of consumer and product research including qualitative consumer research, consumer claims tests and, when required, clinical testing.
- In partnership with Manager, provides post-product launch analysis to senior management to evaluate the success of recent launches and to help design potential improvements for the future. Reviews independent sales force and industry feedback in the form of blogs, editor reviews, etc. Makes recommendations that affect future product launches.
- Maintains activities in Agile on supporting projects. Uses other systems such as Tableau Qualtrics to provide insights into the work. Provides support on other projects within the category as needed to include research, trends, competitive landscape, etc.
- This role requires onsite work at Mary Kay's Global Corporate Headquarters in Addison, TX.
What You'll Need to Be Successful- Education: Bachelor/University Degree in Business/marketing/strategy or related field.
- Experience: 3+ years of portfolio planning in consumer products, beauty products, and nutritional supplement products preferred.
- Proven track record in product innovation and life-cycle management required to lead the tactical aspects of the product development cycle from landscape assessment to concept creation, through product commercialization to end-market launch. Must demonstrate a high level of problem solving, planning and influence & persuasion skills.
- Excellent interpersonal skills, ability to support and adapt to changing business and organizational dynamics.
- The ability to learn the business and financial acumen along with analytical skills including an understanding of financial principles are important.
- Excellent communication skills required to establish credibility and form business partnerships with clients locally and globally, to provide clear product/brand positioning, and to exchange information with individuals at various levels of the organization. Must be strong, assertive personality balanced with a respect for others.
- Must be organized, have solid detail on projects, and handle multiple activities/tasks at a time.
- Must have the ability to perform duties under general direction and independently perform assignments with only general criteria for expected results and possess a high level of time and project management skills with the ability to manage multiple projects and tasks.
- Travel may be up to 10% for events, beauty/ nutrition industry tradeshows.
- Relevant international experience in the Asia Pacific, Latin America, and Europe region preferred.
What We Offer- Generous Paid Time Off
- 401K & Profit Sharing
- Medical, Dental & Vision Coverage
- Free On-site Fitness Center & Health Clinic
- Tuition Reimbursement
- Employee Product Discounts
