ABOUT SHOP LC
We are an electronic retailer of jewelry and lifestyle products headquartered in Austin, Texas with a passionate team of approximately 550 people. Our products are sold through TV on 80m homes through our live 24*7 broadcasts, our website, OTT, marketplaces, and social media.
We are the US retailing unit and a subsidiary of Vaibhav Global Limited (VGL) which is a well-established vertically integrated company, founded in India about 35 years ago and listed on the Indian stock exchanges. The company had a turnover of $246 million in the financial year 2022.
The other retailing units of VGL Group are in the UK (Shop TJC) and Germany (Shop LC, Germany). Together, all the units ship out approximately 50,000 pieces of products to their customers in the US, UK, and Germany every day. In addition to the companies in the US, UK, and Germany, VGL Group operates offices globally in India, China, Indonesia, and Thailand.
We believe in supporting our community and protecting the environment with the purpose of Delivering Joy.
Our service to the community is run through our Your Purchase Feeds program under which each retailing unit donates one nutritious meal to a school-going child in India, the US, and the UK for each item sold through all its platforms. Your Purchase Feeds has provided over 40 million meals to kids until now in the US. Our mission statement embraces the ambitious goal of distributing one million meals each day to children in need by 2040. We believe that Your Purchase Feeds provides more than just a meal: it feeds the hearts, minds, and futures of children.
We are committed to protecting the environment by constantly working on reducing our carbon footprint and becoming net zero by 2032. Our offices in India function on solar power, and each business unit is working towards getting a LEEDS certification.
We live by and are inspired by our core values of Teamwork, honesty, commitment, passion, and a positive attitude, which form the basis of every decision we make.
ROLE OVERVIEW
As our Beauty Buyer, you will be responsible for executing the merchandising vision and strategy of Shop LC for the beauty category. Additionally, identifying established beauty brands and developing new beauty brands would be a critical part of your role as a Beauty Buyer at Shop LC.
- This role will involve working late/early/weekend hours to support specific shows or for guest appearances, especially during the peak season.
Reporting Manager Director of Merchandise (Lifestyle)
JOB RESPONSIBILITIES
Individual Responsibilities
- Identify established brands and develop new brands and products from domestic and international vendors for the beauty product lines.
- Provide solutions to issues that may arise during the product development process.
- Anticipate issues that may come up in the launch of new products.
- Negotiate buying terms with vendors (price, quantity, delivery terms, returns, stock swap, and markdowns) and place orders and ensure that the products are delivered on time.
- Assess products to recognize trends and translate products into concepts and new shows.
- Analyze sales trends and inventory levels to ensure that sales margins and inventory budgets are met. Manage inventory levels to meet sales goals and minimize waste.
- Analyze the performance of “on-air” products being presented and provide feedback for opportunities.
- Partner with internal teams to maximize the efficiency of product lifecycle activities and maintain inventory plans.
- Develop and follow time and action calendars to ensure proper flow of goods.
- Keep abreast of current FDA & FTC guidelines and future changes in the guidelines.
- Present, support, and promote products on live television and drive sales of the products.
- Travel domestically (every 2 months) and overseas (China, India, Bali, and any other locations as per business need) for sourcing.
- Comply with Shop LCs policies and procedures.
- All other duties assigned by the manager.
Managerial Responsibilities
- Delivery of timely one-to-one (1 to 1s) and preparing and delivering mid-year and year-end performance evaluations.
- Promote professional and personal development of individual team members by utilizing computerized and other systems for tracking service, and quality, setting productivity goals, training and coaching interventions and career opportunity programs, and researching information and troubleshooting.
- Take proactive steps to manage employees attendance in accordance with company policies.
- Ensure all team members have access to, understand, and are kept current on company policies and procedures.
- Coordinate changes in staffing schedules and overtime requirements, if applicable, in accordance with company guidelines.
- Provide ongoing management and coaching.
SKILLS/EXPERIENCE
- Strong understanding of the beauty industry including product ingredients, packaging, and marketing strategies.
- Strong understanding of multiple categories of buying with experience in beauty product sourcing.
- Established supplier base in the US domestic market.
- 4+ years of experience as a beauty buyer.
- Ability to define and analyze metrics that speak about the performance of products. Excellent analytical skills to interpret sales data.
- Good negotiation and persuasion skills.
- Knowledge of product development both domestically and internationally.
- Strong communication skills with the ability to communicate effectively with a diverse international clientele.
- Excellent organizational, multi-tasking, and decision-making skills.
- Good understanding of the merchandising process, product development, and product lifecycle.
- Ability to manage project ambiguity, complexity, and obstacles in an organized and structured way.
- Ability to work independently with attention to detail and great organizational and interpersonal skills.
- Track record of success in creating a profitable merchandise mix utilizing forecasting, inventory management, and assortment planning.
- An ambassador of our Core Values: Teamwork, Honesty, Commitment, Passion, and Positive Attitude.
PHYSICAL REQUIREMENTS
- Ascending or descending ladders, stairs, scaffolding and ramps.
- Moving around to accomplish tasks in various environments including tight and confined spaces.
- Remaining in a stationary position, standing, or sitting for prolonged periods.
- Frequently lift 20-50lbs and occasionally lift 50 to 70 pounds.
- Repeating motions that may include the wrists, hands and/or fingers.