Five Below is looking to solve the problem of identifying new growth opportunities and improving the profitability of existing products through innovative product planning and development.
Requirements
- Ability to analyze market trends and consumer behavior to predict product demands.
- Skilled in data analytics and market research for strategic decisions.
- Proven collaboration with manufacturers for timely, cost-effective production.
- Understanding of consumer behavior, retail strategies, and sales channels.
- Ability to turn consumer insights into product development strategies.
- Strong project management skills with a history of managing multiple projects.
- Proficient in Microsoft Office; Adobe Creative Suite is a plus.
Responsibilities
- Oversee the entire product life cycle from concept to market launch and post-launch evaluation.
- Collaborate with Buying counterparts to create a strategic, data-driven product roadmap.
- Monitor industry trends, suppliers, and the retail landscape to identify new growth opportunities.
- Perform market research to stay current with trends, consumer preferences, and competition.
- Develop and manage product budgets to meet target costs and margin goals.
- Collaborate with testing and compliance teams to ensure products meet regulatory standards and quality expectations.
- Follow the Go-to-Market development calendar to ensure timely product delivery.
Other
- Bachelor’s degree required
- 3-5 years in product development, sourcing, design, or buying, with 2+ years in a specific category.
- Background in product innovation, brand management, marketing, retail, or strategy consulting.
- Exceptional organizational skills and attention to detail.
- Excellent verbal and written communication, with experience presenting to stakeholders.
- Effective collaboration within cross-functional teams.
- Willingness and ability to travel internationally.
- Ability to sit for long periods and lift up to 50lbs as needed.
