Associate Merchandise Manager, Softlines - Loungefly
Description
The Associate Merchandise Manage is tasked with combining the art of aesthetics and pop culture trends with science, data analysis, and consumer insights to create a brand-relevant and fan-centric product line. The Associate Merchandise Manager will develop product strategies, analyze financial goals of the product line and work with Sales and Marketing to deliver the product to the end consumer. During the development process, the Associate Merchandise Manager will work closely with the Product Development, Creative, Planning, and Marketing Teams and communicate with key external partners on a regular basis, facilitating product strategy and sales discussions. In sum, this position encompasses the development and implementation of business plans, product line profitability, analysis and evaluation of product marketplace, and new product opportunities.
What You’ll Do
- Develop product strategies in conjunction with a cross-functional team, managing process of identifying opportunities, business case creation, licensor review, product briefing with PD and Creative, and hindsight analysis
- Manage licensed property product portfolio and determine timing and implementation of products associated with License. Create brand presentations for internal and external partners
- Develop short-term and long-range plans for assigned Brands based on historical analysis, market trends, Licensor synergy events, and product portfolio. Create initial business plan, including product concept and design direction
- Communicate with internal cross-functional partners to keep all stakeholders up-to-date with strategy shifts or line plan updates. Partner closely with Product Development, Sourcing, Creative, Planning, Marketing, Sales, and Direct to Consumer teams.
- Work in close partnership with Licensing team and Licensors on product strategies that meet licensor requirements and fulfill Company revenue and margin objectives
- Ensure accuracy and data integrity by maintaining line plans, catalogs, and software systems.
- Conduct seasonal competitive shopping analyses, staying abreast of market trends, pricing strategies, and product innovation.
What You’ll Bring
- Bachelor’s degree in Product Development, Merchandising, (similar) preferred; or 1- 3 years related experience in product development/creation in the consumer goods industry (apparel, fashion accessories, handbags, footwear etc.) – fast fashion; or equivalent combination of education and experience
- Brand management or product management experience
- Ability to communicate with external parties frequently to discuss product strategies
- Strong interest and knowledge of fashion, pop culture, impactful brands and key social media trends and influencers
- Understanding and experience with the product creation lifecycle in the consumer goods industry
- Strong attention to detail and organization to keep up with product changes through the development and production process
- Strong communication skills (both verbal and written) and ability to communicate within all levels of the organization (including C-Level) as well as with external partners, retail accounts and licensors
- Proficient in Microsoft Office product suite
- Strong analytical skills and the ability to solve problems quickly and accurately
Work Environment
The noise level in the work environment is usually moderate. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand and walk. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Salary Information
The base salary range for this position in the selected city is $67,725 - 72,000 annually.Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
What Funko Offers
Funko offers a competitive compensation package with full benefits and a 401(K) plan with matching contributions from the company. Most importantly, we offer a creative work environment with people who love pop culture just as much as you do. Can’t wait to gush about your latest binge? Neither can we! Looking for a place where your favorite pop culture t-shirt will receive the compliments it deserves? We know how you feel!
Funko is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.