Buyer - Haircare | DERMSTORE

About the position

The Buyer position at THG - Dermstore is responsible for executing the top line sales growth strategy, P&L management, vendor collaboration, whitespace analysis, and marketing promotion direction for assigned categories. This role involves business and brand development, including building brand relationships with top vendors, negotiating terms, securing volume buys, financial forecasting, managing promotions, competitive pricing analysis, and supporting company initiatives. The Buyer reports to the category Senior Buyer or Director.

Responsibilities

• Manage day to day activity for top key vendors; build positive working relationships and partner closely with these vendors to plan and execute all merchandising activity including assortment, promotions, and pricing
• Develop category strategy and guidelines, incorporating inputs from customer insights, cross-functional partners, third party reports (e.g. NPD, Kline, Mintel), vendors and category selling/market trend/competitive set analysis
• Analyze competitor and industry performance, uncovering potential white spaces; assume a curious and creative mindset to identify category / product opportunities
• Manage top brand partnerships and joint business plan (JBP); develop a collaborative and strategic relationship with this partner; develop joint financial goals and align on strategies to meet the goals
• Analyze sales performance and key metrics to derive conclusions on merchandising and marketing effectiveness; communicate action plans across the Merchandising team, as well as other departments
• Forecast sales for promotions on assigned brands; monitor actual performance versus forecast
• Partner closely with Director and VP of Merchandising to ensure delivery against the division strategy
• Secure new brands for the site that fit the company's acquisition strategy
• Analyze end of month KPIs and determine actions and strategies
• Create atmosphere of teamwork and collaboration
• Manage category team members at the assistant and/or associate level

Requirements

• 4 year degree, undergraduate degree
• 4-5 years relevant experience, (1-2 years ecommerce experience preferred)
• Strong analytical and quantitative skills
• Strong written and verbal communication skills
• Demonstrated experience in team development
• Key understanding of marketing principles, practices, and players within the prestige and/or professional industry
• Demonstrated ability to work collaboratively with peers and management
• Proficient in Excel and PowerPoint
• Attention to detail - thoroughness and accuracy
• Ability to thrive in a fast-paced, deadline-driven, team environment

Benefits

• Salary: $100,000 - $110,000
• Hybrid work schedule: 3 days in-office; 2 day WFH
• Office Location: New York City (Financial District)
• Medical, Dental, Vision plans
• 401K matched up to 5%
• Generous PTO (Paid Time Off)
• Short and long-term disability
• Summer Fridays (early end time)
• Exclusive employee discounts on THG Brands
• Many more...