Product Manager (Make up)

Job responsibilities

Product Strategy & Development

• Develop and manage annual/long-term Make up product portfolio strategies based on market trends, competitor analysis, consumer/customer/professional insights leveraging, and brand strategy.
• Suggest make up development and colours (face/lip) closely working with central & region supported Marketing manager.
• Pro-actively identify opportunities for existing product improvement and new product launches, working with strategic thinking.
• Base on the marketing calendar and analysis of the Korean Market, needs, and trend, establish the market‑mix of all new products.

New products

• Lead the entire planning process from new product forecasting, pricing, RA and many maintenance tasks on daily inventory management.
• Prepare the promotion plan to maximise the potential sales of all new product launches.
• After the launch of new products, analyse the sales results and the reaction from the market and feedback to region & central through Launch feedback.

Forecast

• Accurately forecast demand for new and basic products, coordinating with relevant departments for production and inventory management.

Stock

• Meet regularly forecast meeting with planning team to highlight and prevent problems of product arrival and availability, out of stock position, production problems in order to improve the stock control.
• Inform the Marketing and Sales department when necessary and recommend solutions.

Reporting

• Weekly report to the top management and other relevant reports (new product launch result / qualitative feedback, etc) to communicate with Region & Central team.
• Provide product dashboard to all related departments, if necessary.

Expenses

• Establish a yearly budget by action in terms of events and campaigns, monitor these expenses to ensure that budget is adhered to and not exceeded.
• Maintain flexibility enabling charge according to business demands to maximise budget effectiveness.

Profile

• Bachelor's degree or above.
• Over 7 years PM/BM experience in cosmetic industry (Makeup experience is essential)
• Deeply interested in the cosmetic industry, makeup product and market trend
• Strategic problem‑solving skills based on a pro‑active and flexible mindset.
• Excellent communication and collaboration skills as a team player working with diverse departments and stakeholders.
• Proficiency in Korean & English communication.
• Other skills: Proficient with Excel & PPT.
• Korean speaking.