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For Companies At a Glance
- Tasks: Manage product categories to boost sales and customer satisfaction.
- Company: Join Memento Exclusives, a leader in sports memorabilia partnerships.
- Benefits: Enjoy competitive salary, healthcare, life insurance, and a pension plan.
- Why this job: Be part of an innovative team that connects fans with their favourite sports.
- Qualifications: 3+ years in retail category management; sports memorabilia experience preferred.
- Other info: Office-based role in Bugbrooke, requiring on-site presence 5 days a week.
The predicted salary is between 30000 - 70000 £ per year.
Salary up to £50,000 depending on experience.
Who are Memento Exclusives?
Memento Exclusives is legitimising the world of sports memorabilia, working as officially licenced partners to sports including Formula 1, UFC, MotoGP and UEFA. From show cars and simulators to signed equipment, clothing and re-engineered collectables; our innovative offering is constantly evolving to help fans Own The Moment - bringing every person closer to the sports, teams and athletes they love.
Where are we based?
Bugbrooke, NN7 3SB. This is an office-based role which requires you to be on site 5 days per week. Please consider your commute, time and costs from your location to the office which is based just over 10 miles from Silverstone Circuit.
Position Overview:
As a Category Manager you’ll be responsible for managing a specific category of products within our commercial team. The main goal is to optimize sales, profitability and customer satisfaction by selecting the right product assortment, pricing strategies, and promotional activities.
Key Responsibilities:
- Category Strategy & Reporting
- Develop and execute category strategies to maximize sales and profitability looking at sales vs Forecast and forecast.
- Analyse market trends, consumer preferences, and competitor activities to identify opportunities.
- Set pricing, promotions, and markdown strategies based on sales data, profit margins and aged / dead stock.
- Issue royalty and sales reports for licensors and consignors.
- Product Planning, Purchasing and Replenishment Management
- Determine product mix for range plans and allocate appropriately.
- Collaborate with suppliers and product team to source new products.
- Maintain optimal inventory levels to ensure availability without overstocking.
- Create line forecast per quarter.
- Create and maintain Sales forecast and present in trade meetings.
- Take responsibility for purchase budgets and purchase requisitions.
- Track product lead times to ensure timing delivery.
- Responsible for replenishment requisitions.
- Track product intake – receipts vs the plan.
- Sales & Performance Analysis
- Monitor category performance using sales reports, margin analysis, and key performance indicators (KPIs).
- Set RRP’s and determine margins.
- Identify underperforming products and implement corrective actions.
- Work closely with merchandisers to improve category performance.
- Vendor & Supplier Management
- Build and maintain relationships with suppliers to negotiate pricing, terms, and promotional deals.
- Ensure suppliers meet quality and delivery standards.
- Manage all enquiries relating to the category from customer service or the sales team.
- Marketing & Promotions
- Collaborate with the sales team to plan category-specific promotions and advertising.
- Propose budgets for paid social and PPC.
Qualifications & Skills:
- Experience:
- 3+ years in retail category management, merchandising, or buying roles.
- Experience working within a licensing framework.
- Experience with Sports Retail and/or Memorabilia or Collectable Products.
- Skills:
- Strong analytical and decision-making abilities.
- Proficiency in data analysis and forecasting.
- Excellent negotiation and vendor management skills.
- Knowledge of category management software and tools.
- Strong communication and collaboration skills.
Our Rewards and Benefits Package:
As well as a competitive salary, you will enjoy a benefits package including:
- Company funded Life Insurance
- Healthcare Benefits including Private Medical Insurance
- Company Pension
- Referral Scheme
Want to find out more about us? Please use the link below:
Category Manager employer: Memento Exclusives
Contact Detail:
Memento Exclusives Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Category Manager
✨Tip Number 1
Familiarise yourself with the sports memorabilia market. Understanding current trends, popular products, and key competitors will give you an edge in discussions during interviews. Show that you’re passionate about the industry and can bring valuable insights to the role.
✨Tip Number 2
Network with professionals in the sports retail and memorabilia sectors. Attend industry events or join relevant online forums to connect with others. Building relationships can lead to insider information about job openings and company culture, which can be beneficial when applying.
✨Tip Number 3
Prepare to discuss your experience with data analysis and forecasting. As a Category Manager, you'll need to demonstrate your ability to interpret sales data and make informed decisions. Be ready to share specific examples of how you've used these skills in previous roles.
✨Tip Number 4
Research Memento Exclusives thoroughly. Understand their product offerings, partnerships, and market positioning. Tailoring your knowledge about the company to your interview responses will show your genuine interest and help you stand out as a candidate.
We think you need these skills to ace Category Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in retail category management, merchandising, or buying roles. Emphasise any specific achievements related to sales optimisation and product assortment that align with the responsibilities of a Category Manager.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for sports memorabilia and your understanding of the market. Mention how your skills in data analysis and vendor management can contribute to Memento Exclusives' goals.
Highlight Relevant Experience: In your application, focus on your experience within a licensing framework and any work you've done with sports retail or collectable products. Use specific examples to demonstrate your analytical and decision-making abilities.
Showcase Your Skills: Clearly outline your proficiency in category management software and tools, as well as your strong communication and collaboration skills. These are crucial for the role and should be evident in your application.
How to prepare for a job interview at Memento Exclusives
✨Know Your Products
Familiarise yourself with the range of sports memorabilia that Memento Exclusives offers. Understand the unique selling points of their products and be ready to discuss how you can enhance their category strategy.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you've successfully used data to drive decisions. Be ready to explain how you would analyse market trends and consumer preferences in this role.
✨Showcase Negotiation Experience
Since vendor and supplier management is key, come prepared with examples of successful negotiations you've conducted. Highlight how these experiences can benefit Memento Exclusives in securing better pricing and terms.
✨Engage with Team Collaboration
Emphasise your ability to work collaboratively with sales and marketing teams. Share specific instances where your teamwork led to successful promotions or product launches, demonstrating your fit within their commercial team.
