Senior Manager, Product Development Exclusive Brands

Best Buy - Minneapolis, MN

Full-time - Senior

Minneapolis, MN

Furniture, Home Furnishings, Electronics, and Appliance Retailers

About the position

As the Senior Manager of Product Development at Best Buy, you will lead the development of products from ideation to completion within assigned categories. This role emphasizes collaboration with internal and external partners to ensure product specifications meet quality standards and customer needs. You will leverage your market knowledge and sales analysis skills to drive initiatives and resolve issues, while constantly seeking innovative solutions to enhance business performance and customer experience.

Responsibilities

• Collaborate with category/merchandising management team to provide advice related to product strategies and direction regarding product needs.
• Responsible for providing customized cost-effective quality products to maintain market leadership while maximizing margin opportunities.
• Lead the planning, managing performance, and driving growth for the category, establishing a comprehensive understanding of the competitive landscape.
• Identify potential issues during the product life cycle, perform product reviews, evaluate products against specifications, 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 management, and program profitability analysis
• Understanding of requirements of doing business with customers, including all aspects of business, 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, Specialized with 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