New Balance - Marketplace Merchandiser - Amsterdam
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Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.
JOB MISSION:
To manage New Balance’s presence on multiple online marketplaces, ensuring that our products are effectively displayed, priced, and promoted to increase sales and brand visibility within the athletic footwear and apparel industry.
MAJOR ACCOUNTABILITIES:
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Product Assortment: Curate and develop well-balanced and diverse product listings on designated marketplaces that align with New Balance’s brand standards; Monitor product performance and make data-driven adjustments to listings to improve conversion rates and sales while adhering to our guidelines.
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Analyse market trends and customer preferences: regularly review market data with our partners and competitor strategies to identify trends and opportunities that align with our values and target audience.
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Inventory Management: Collaborate with Planning and Allocation teams to ensure accurate inventory records and ensure timely replenishment of products on marketplaces to meet customer demand; Monitor inventory turnover, and sell-through rates, and make data-driven decisions to manage stock levels effectively; monitor product availability and proactively address stockouts or overstocks considering full DTC channels and wholesale, and our profitability.
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Working closely with the regional footwear and apparel buying & merchandising teams, to provide valuable insights into customer preferences and market demands, contributing to the creation of innovative and on-trend designs. Work closely with key accounts to monitor the performance of wholesale in order to find opportunities for DTC.
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Cross-Functional Communication: Maintain clear and effective communication with colleagues and other departments such as planning, retail and digital marketing, marketplace, allocation, operations, and demand planning to ensure seamless execution of merchandising strategies.
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In-season budgeting and Forecasting: Participate in budget planning and forecasting for the marketplace channel, ensuring that financial goals are met, and profitability is increased.
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Competitive Analysis: Stay informed about competitors’ offerings, pricing, and promotional strategies to find opportunities and potential threats to the brand’s market position.
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Customer Feedback and Insights: Gather and analyse customer feedback, reviews, and insights to understand customer preferences, difficulties, and product performance, using this information to inform future merchandising decisions.
REQUIREMENTS FOR SUCCESS:
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Several years of experience in similar role in merchandising/buying or digital role.
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Passion for product and awareness of trends.
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Clear understanding of DTC KPI’s, marketing activations, and digital competence.
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Sound business and commercial competence.
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Excellent organisational and time management skills.
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Team player, with strong communication skills with the ability to network and build strong relationships with team members.
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Strong analytical skills.
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Excellent working knowledge of Microsoft Office.
BENEFITS:
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Discretionary Bonus Opportunity
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Discount on the health insurance
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8% holiday allowance
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Flexible Working Hours
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Pension Scheme
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25 days Annual Leave per year
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Up to €250 travel allowance each month
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Hybrid working
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Employee Discount
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Work from-home allowance
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Home working equipment
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Sports subscription via OneFit
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Opportunity to work abroad for four weeks per year
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Wellbeing and Mental Health Benefit (24/7 Employment Assistance Program & Support)
Equal Opportunity Employer:
New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.
If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.
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