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- Tasks: Manage key retail partnerships and drive sales through strategic marketing.
- Company: Join Amorepacific UK, a leader in the beauty industry with iconic brands like Laneige and Innisfree.
- Benefits: Competitive salary, dynamic work environment, and opportunities for travel and professional growth.
- Why this job: Be a crucial player in expanding market presence while collaborating with top retailers.
- Qualifications: 2+ years in retail sales, preferably in beauty; BA in Business or Marketing required.
- Other info: Flexible schedule and up to 30% travel required.
The predicted salary is between 28000 - 36000 £ per year.
Company Name: Amorepacific UK
Job Title: Key Account Management Retail- Laneige & Innisfree
Job Location: Soho (London, United Kingdom)
Minimum Exp: 2 to 4 Years (Beauty / Retail Industry)
Salary: £35,000 to 45,000 PA
Job Summary:
In your role as the Key Account Management, 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 Space NK, 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 & and 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 BGM.
- 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
- 2+ years of experience in sales 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 30% and work a flexible schedule.
- Experience in marketing operations, brand communications, and launch support execution.
- Understanding of customer and market dynamics and requirements.
Key Account Management Retail- Laneige & Innisfree employer: AMOREPACIFIC
Contact Detail:
AMOREPACIFIC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Key Account Management Retail- Laneige & Innisfree
✨Tip Number 1
Familiarize yourself with the key retail partners mentioned in the job description, like Boots and Space NK. Understanding their business models and current market strategies will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Showcase your experience in developing joint marketing strategies. Prepare examples of successful campaigns you've led or contributed to, especially those that drove both online and offline sales.
✨Tip Number 3
Stay updated on market trends and competitor activities in the beauty industry. Being able to discuss recent developments or shifts in the market will position you as a knowledgeable candidate.
✨Tip Number 4
Highlight your ability to collaborate with internal teams, such as marketing and supply chain. Provide examples of how you've worked cross-functionally to achieve business objectives, as this is crucial for the role.
We think you need these skills to ace Key Account Management Retail- Laneige & Innisfree
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Key Account Management position. Tailor your application to highlight relevant experience in retail and beauty, especially with key retailers.
Highlight Relevant Experience: Emphasize your 2+ years of experience in sales within the retail industry. If you have worked with beauty brands or retailers like Boots or Space NK, make that clear in your CV and cover letter.
Showcase Strategic Skills: Demonstrate your ability to develop and maintain strategic partnerships. Include examples of how you've successfully collaborated with partners to drive sales and optimize processes.
Prepare a Strong Cover Letter: Craft a compelling cover letter that outlines your passion for the beauty industry and your understanding of market dynamics. Mention specific achievements that align with the job's principal accountabilities.
How to prepare for a job interview at AMOREPACIFIC
✨Know Your Retail Giants
Familiarize yourself with key retail partners like Boots and Space NK. Understand their business goals and how your role can align with their objectives. This knowledge will help you demonstrate your commitment to building strong partnerships.
✨Showcase Your Sales Strategy Skills
Be prepared to discuss your experience in developing and implementing sales strategies. Highlight specific examples where you've optimized sales processes or identified growth opportunities, especially in the beauty industry.
✨Demonstrate Market Awareness
Stay updated on current market trends and competitor activities. Be ready to share insights on how these factors could impact sales and partnerships, showcasing your analytical skills and strategic thinking.
✨Highlight Collaboration Experience
Emphasize your ability to work closely with internal teams, such as marketing and supply chain. Provide examples of successful collaborations that led to improved efficiency or sales performance, illustrating your teamwork skills.
