Merchandising Strategy Specialist

Job Description

Pay Range : $79,000 - $90,000 / year + Eligible for annual performance-based bonus

Benefits : 401(k) with Company Match, Employee Discount Program, Lifestyle Allowance, Mobile Phone Plan Reimbursement, Comprehensive Health / Dental / Vision Insurance, Generous Paid Time Off, Flexible Work Hours, Wellness Days, Creative Leave, Monthly Team Building Budget and more!

About Us

CJ OLIVE YOUNG introduced the first Korean health and beauty store in 1999, pioneering the industry and becoming Korea’s No. 1 Health & Beauty Store. With over 1,370 stores across Korea and a global network reaching 150 countries, OLIVE YOUNG is now evolving into a Global Lifestyle Platform that brings the best of beauty and health to customers worldwide.

CJ OLIVE YOUNG USA, Inc is a dynamic and fast-growing beauty retailer specializing in K-beauty skincare and cosmetics in North America! As we expand, we are also curating a selection of local U.S. beauty brands, bringing innovative and high-quality products to our customers.

Job Summary

We are looking for a strategic and visionary Merchandising Strategy Specialist to develop and monitor our merchandising strategy to be executed properly across both offline and online stores. This role will involve building an overarching strategy that aligns with HQ’s goals while executing plans that drive business growth across both local and K-beauty portfolios. The successful candidate will work closely with local and K-beauty merchandisers, ensuring that product offerings are well-balanced, impactful, and aligned with our long-term vision. In addition, the Merchandising Strategy Specialist will be responsible for identifying new growth drivers and initiating trends to reach new customer segments.

What You’ll Do

• Develop and execute a comprehensive merchandising strategy for both offline and online stores, ensuring alignment with the company’s long-term goals and HQ’s global strategy.
• Assist in building a balanced and cohesive portfolio by managing local and K-beauty brands, ensuring that each product offering is aligned with our brand values and market positioning.
• Create and manage Planogram (POG), ensuring a visually appealing and consistent product assortment across channels.
• Coordinate product orders, ensuring proper timing and alignment with internal teams to streamline product delivery and inventory management.
• Develop strategic promotional and educational materials to equip sales teams with the necessary tools to support product launches and key campaigns.
• Ensure the integration of new trends, customer insights, and emerging product categories into the merchandising strategy to drive future growth.
• Oversee the store setup process, from fixtures to product placement, ensuring seamless execution that aligns with the company’s global and local strategies.
• Coordinate with brand partners on management of store fixtures, ensuring all necessary equipment and visual merchandising elements are in place for a successful store launch.
• Support the execution of store-specific strategies, from product assortments to localized service offerings, to create an engaging and unique customer experience.
• Collaborate with cross-functional teams, including HQ and merchandisers, to ensure successful store openings and smooth operations from day one.
• Align new store setups with the overarching portfolio strategy to ensure consistency and brand cohesion across all locations.
• Regularly track and analyze store sales performance by location, identifying trends and insights to optimize the product assortment and promotional strategies.
• Develop and maintain detailed performance reports that provide actionable insights for store managers and HQ, contributing to data-driven decision-making.
• Track and assess the success of merchandising strategies, promotional campaigns, and product offerings, making recommendations for future initiatives.
• Use competitive analysis and market research to refine the product mix, ensuring that our portfolio remains relevant, fresh, and aligned with market demands.
• Conduct regular performance reviews, adjusting strategies as necessary to ensure continuous growth and improved sales performance across channels.
• Identify and cultivate external partnerships that will help drive business expansion and improve performance, ensuring that collaborations align with overall strategic objectives.
• Conduct comprehensive market research to understand competitor offerings, emerging trends, and customer preferences.
• Use insights to guide merchandising decisions and ensure the brand’s product offerings are competitive and relevant to the local market.

Qualifications

Preferred Qualifications

Equal Employment Opportunity Statement

CJ Olive Young USA, Inc is an equal opportunity employer committed to creating an inclusive environment for all employees. We believe in hiring with empathy and strive to build a diverse workforce that reflects our community. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by law. All qualified applicants are encouraged to apply and will receive consideration without regard to these factors.