At a Glance
- Tasks: Manage key retail partnerships and drive sales through strategic marketing initiatives.
- Company: Join Amorepacific UK, a leading beauty brand known for LANEIGE & Innisfree.
- Benefits: Competitive salary, dynamic work environment, and opportunities for travel.
- Why this job: Be a vital part of a growing company and make an impact in the beauty industry.
- Qualifications: 5+ years in account management, preferably in beauty; BA or higher required.
- Other info: On-site role in vibrant Soho, London with a focus on teamwork and innovation.
The predicted salary is between 39000 - 52000 £ per year.
Company Name: Amorepacific UK
Job Location: Soho (London, United Kingdom) (on site)
Minimum Experience: 6+ Years (Beauty / Personal Care Industry)
Salary: £45,000 to 60,000 PA
Job Summary: In your role as the National Account Manager, you will be responsible for maintaining strong relationships with important retail giants. Collaborating with partners to create strategic alliances and drive both online and offline sales through joint marketing strategies is a critical part of your job. You will negotiate terms, optimise sales processes, and analyse market trends to identify growth opportunities. Apart from partnerships, you will also oversee day-to-day operations and ensure efficiency by working closely with internal teams. Your responsibilities will include compiling sales forecasts, developing strategies, and monitoring sales performance against targets. Regular reporting on market trends and the effectiveness of partnerships will guide strategic decisions. As a crucial driver of growth, your role is integral to the company's market presence and profitability.
Principal Accountabilities:
- Retailer Partnership Management: Develop and maintain strong relationships with key retail partners, such as Boots and Sephora, as well as other relevant stakeholders. Collaborate with retailers to understand their business goals, objectives, and requirements. Identify and establish strategic partnerships with key retailers, incorporating key account management, to expand the company's market presence. Collaborate with retailers to create joint sales and marketing strategies, driving both offline and online product sales and revenue growth. Ensure effective communication and alignment of strategies with retail partners. Negotiate terms and agreements with retail partners, including key account negotiations, ensuring mutually beneficial terms aligned with company objectives.
- Sales Excellence: Implement and optimize sales operations processes to enhance efficiency. In charge of compiling sales forecasts for novelties & products focused during the Key Commercial period in quantities. Develop and implement strategies to maximize sales and profitability. Analyze market trends and competitor activities to identify growth opportunities. Collaborate with marketing teams to develop campaigns that drive sales both offline and online.
- Business and Operation Management: Oversee the day-to-day business operations to ensure smooth processes and optimal efficiency. Collaborate with internal teams, including marketing and supply chain, to support business objectives. Monitor and analyze sales performance data to identify areas for improvement. Conduct weekly monitoring of sell-in activities, adhering to annual and monthly sales targets outlined by GM. Identify emerging markets and market shifts, staying fully informed about new products and competition status. Provide regular reports on market trends, sales performance, and the effectiveness of partnership initiatives.
Qualification and Experience:
- 5+ years of experience in Account Management in the retail industry. Candidates with prior experience in the beauty industry, especially with well-known retailers such as Space NK, Boots, and similar establishments, will be given preference.
- Experience in all aspects of developing and maintaining sales strategies to meet company objectives.
- BA or higher degree in Business, Marketing or Management; MBA a plus.
- Willing to and able to travel up to 40%.
- Experience in marketing operations, brand communications, and launch support execution.
- Understanding of customer and market dynamics and requirements.
Skill Sets:
- Strong financial and analytical background.
- Strong understanding of customer and market dynamics and requirements.
- Strong presentation and networking skills with internal and external counterparts.
- Strong communication and negotiation skills.
- Excellent multitasking and project management skills.
- Strong leadership and mentoring skills.
- Excellent organizational skills and work ethic.
- Strong ability to influence a team into moving towards a unified vision and objective.
Personal Attributes:
- Able to work under pressure and a tight schedule.
- Willingness to travel and work in a global team of professionals.
- Excellent communication & interpersonal skills.
- Adapt to changes and environments quickly and be a team player.
- Effective problem solver.
- Innovative thinking for market trends.
- Multi-functional and project management skills.
- Ability to work independently/ be a self-starter.
- Energizes and Enables others.
- Demonstrates Learning Agility.
- Drives Creativity and Innovation.
- Goal-driven and numbers-driven.
- Strives for excellence in execution.
National Account Manager Retail employer: AMOREPACIFIC
Contact Detail:
AMOREPACIFIC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land National Account Manager Retail
✨Tip Number 1
Network with professionals in the beauty and personal care industry. Attend industry events, trade shows, or webinars where you can meet potential colleagues or partners. Building relationships with people already in the field can give you insights and possibly referrals for the National Account Manager position.
✨Tip Number 2
Research key retail partners like Boots and Sephora to understand their business models and current market strategies. This knowledge will help you tailor your approach during interviews and demonstrate your ability to align with their goals.
✨Tip Number 3
Stay updated on market trends and competitor activities within the beauty sector. Being knowledgeable about emerging products and shifts in consumer behaviour will not only prepare you for discussions but also show your proactive approach to the role.
✨Tip Number 4
Prepare to discuss your experience in developing sales strategies and managing partnerships. Use specific examples from your past roles to illustrate how you've successfully driven sales and built relationships, as this is crucial for the National Account Manager position.
We think you need these skills to ace National Account Manager Retail
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in account management, particularly within the beauty or personal care industry. Emphasise your achievements with key retailers and any successful partnerships you've developed.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the beauty industry and detail how your skills align with the responsibilities of the National Account Manager role. Mention specific examples of how you've driven sales growth and managed retailer relationships.
Showcase Analytical Skills: Since the role requires strong analytical abilities, include examples in your application that demonstrate your experience with market trend analysis and sales forecasting. Highlight any tools or methodologies you’ve used to optimise sales processes.
Highlight Communication and Negotiation Skills: Given the importance of negotiation in this role, provide examples of successful negotiations you've conducted with retail partners. Discuss how your communication skills have helped you build and maintain strong relationships in previous positions.
How to prepare for a job interview at AMOREPACIFIC
✨Research the Company and Products
Before your interview, make sure to thoroughly research Amorepacific UK and their brands, LANEIGE and Innisfree. Understand their market position, product offerings, and recent marketing campaigns. This knowledge will help you demonstrate your genuine interest in the company and its goals.
✨Prepare for Relationship Management Questions
Given the importance of maintaining strong relationships with retail partners, be ready to discuss your experience in account management. Prepare examples of how you've successfully built and maintained partnerships, negotiated terms, and collaborated on joint marketing strategies.
✨Showcase Your Analytical Skills
As a National Account Manager, you'll need to analyse market trends and sales performance. Be prepared to discuss specific instances where your analytical skills led to successful outcomes. Highlight your ability to identify growth opportunities and how you've used data to inform your strategies.
✨Demonstrate Leadership and Team Collaboration
This role requires strong leadership and the ability to work with various internal teams. Share examples of how you've led projects or initiatives, mentored team members, and collaborated effectively across departments. Emphasise your ability to influence others towards a common goal.