Senior Manager, Product Development Exclusive Brands

Best Buy - Richfield, MN

Full-time - Manager

Richfield, MN

Furniture, Home Furnishings, Electronics, and Appliance Retailers

About the position

The Senior Manager of Product Development at Best Buy is responsible for leading the development of products from ideation to completion within assigned categories. This role requires a deep understanding of market trends, customer needs, and product specifications to ensure quality and alignment with business goals. The position involves collaboration with internal and external partners to drive initiatives, resolve issues, and enhance the customer experience. The role is hybrid, allowing for a mix of in-office and remote work.

Responsibilities

• Collaborate with category/merchandising management team to provide advice related to product strategies and direction regarding product needs.
• Provide customized cost-effective quality products to maintain market leadership while maximizing margin opportunities.
• Lead the planning, managing performance, and driving growth for the category while understanding the competitive landscape.
• Identify potential issues during the product life cycle, perform product reviews, and recommend solutions to resolve issues.
• Create a cohesive team that supports and encourages all team members to grow their career goals and the organization's goals.

Requirements

• 5 years of experience in consumer product development, merchandising, or retail branding.
• 3 years of experience conveying complex or technical ideas in easy-to-understand terms to diverse audiences.
• 1 year of experience developing end-to-end strategy in a category-focused role.
• Understanding of product trends, industry trends, merchandising, display development, and program profitability analysis.
• Understanding of requirements of doing business with customers, including operations, finance, and distribution.

Nice-to-haves

• Bachelor's degree in IT, Computer Science, Engineering, Business, Marketing, Communications or related field.
• Excellent written and verbal communication skills.
• Demonstrated ability to collaborate and work effectively with cross-functional teams.
• Proficient with Microsoft Office, especially Excel.
• Experience at a range of companies including major international product brands and consumer electronics retailers.

Benefits

• Competitive pay
• Generous employee discount
• Physical and mental well-being support