At a Glance
- Tasks: Build strong relationships with major retailers and drive sales through innovative marketing strategies.
- Company: Join Amorepacific UK Ltd, a leader in the beauty industry.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Fast-paced role with excellent career advancement potential.
- Why this job: Be a key player in expanding luxury beauty brands like Laneige and Innisfree.
- Qualifications: 3+ years in retail sales or key account management, especially in beauty.
The predicted salary is between 35000 - 45000 £ per year.
Company Name: Amorepacific UK Ltd
Job Location: Waterloo (London, United Kingdom) - (4 days in the office)
Minimum Experience: 3+ 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 Selfridges and Harrods, 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 Operations 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:
- 3+ years of experience in Retail Sales, Key Account Management, Commercial roles within beauty, skincare, cosmetics, especially with well-known retailers such as Harrods, Selfridges, and similar establishments, will be given preference.
- Previous experience managing premium/luxury retail accounts and strong understanding of the UK retail market.
- Strong commercial acumen with the ability to drive sales growth, forecasting, and business expansion across offline and online channels.
- Excellent relationship management, negotiation, and stakeholder management skills.
- Strong analytical skills with experience in sales reporting, market analysis, and identifying growth opportunities.
- Ability to work cross-functionally with internal teams including marketing, supply chain, and finance.
- Highly organised, proactive, and results-driven with the ability to manage multiple priorities in a fast-paced environment.
- Proficiency in Microsoft Excel, PowerPoint, and sales reporting tools.
Key Account Management- Retail in London employer: AMOREPACIFIC
Amorepacific UK Ltd is an exceptional employer that fosters a dynamic and collaborative work culture in the heart of Waterloo, London. With a strong focus on employee growth and development, we offer competitive salaries and opportunities to work with prestigious retail partners like Selfridges and Harrods. Our commitment to innovation and strategic partnerships ensures that you will play a vital role in driving the success of our renowned beauty brands while enjoying a supportive environment that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Key Account Management- Retail in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the beauty and retail industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. You never know who might help you land that dream job!
✨Tip Number 2
Showcase your skills! When you get the chance to meet hiring managers or recruiters, make sure to highlight your experience in key account management and your success with retail giants. Bring along examples of your past achievements to back up your claims.
✨Tip Number 3
Research is key! Before any interview, dive deep into the company’s values, products, and recent news. This will not only impress your interviewers but also help you tailor your answers to show how you can contribute to their goals.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. By applying directly, you’ll have a better chance of getting noticed and can showcase your enthusiasm for joining our team at StudySmarter.
We think you need these skills to ace Key Account Management- Retail in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Key Account Management role. Highlight your experience in retail and any specific achievements with well-known retailers like Harrods or Selfridges. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the beauty industry and how your skills align with our goals at Amorepacific. Let us know what makes you the perfect fit for this role.
Showcase Your Analytical Skills:Since analysing market trends is key in this role, make sure to mention any relevant experience you have with sales reporting or market analysis. We love seeing candidates who can identify growth opportunities and drive sales!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar. Don’t miss out on this opportunity!
How to prepare for a job interview at AMOREPACIFIC
✨Know Your Retail Giants
Before the interview, do your homework on key retail partners like Selfridges and Harrods. Understand their business goals and how your role can align with their objectives. This will show that you're proactive and genuinely interested in building strong partnerships.
✨Showcase Your Sales Acumen
Be ready to discuss your experience in driving sales growth and optimising sales processes. Prepare specific examples of how you've successfully negotiated terms or developed strategies that led to increased profitability. Numbers speak volumes, so bring data to back up your claims!
✨Demonstrate Cross-Functional Collaboration
Highlight your ability to work with various internal teams, such as marketing and supply chain. Share examples of how you've collaborated to achieve business objectives. This will illustrate your versatility and how you can contribute to a smooth operational flow.
✨Stay Ahead of Market Trends
Familiarise yourself with current market trends and competitor activities in the beauty and retail sectors. Be prepared to discuss how these insights could inform your strategies for the role. Showing that you're informed and forward-thinking will impress your interviewers.