Merchandising Manager

 

Newegg Inc.

 

Merchandising Manager

 

EXECUTIVE SUMMARY

 

Founded in 2001, Newegg Inc. (?Newegg? or the ?Company?) is the premier e-commerce retailer of information technology products, peripherals and consumer electronics to the do-it-yourself and online gaming markets.  With its phenomenal growth rate (from $0 in 2001 to 2005 revenues of $1.3 billion) and consistent #1 rankings in customer service, it has a strong basis for that claim. The company, which is privately held, has over 1,200 employees worldwide and more than 5 million registered customers. This is an extremely exciting period in the life of the company, as it prepares for the next stage of growth by strengthening its leadership team and by adding talent at all levels.

 

Newegg is seeking Merchandising Managers who shall report to the Director of Merchandising. The Merchandising Managers are responsible for working directly with product management and vendors to facilitate and implement vendor funded participation in Newegg marketing and merchandising vehicles.  The Merchandising Managers are responsible for maximizing all available vendor funds to achieve Newegg sales and merchandising revenue targets.  

 

ABOUT NEWEGG

 

Newegg is a pioneering e-commerce company that has created a powerful channel for manufacturers of computer hardware and software, consumer electronics and communications products to reach the do-it-yourselfers (?DIY?), hard core gamers, students, small to medium-sized businesses, IT professionals, resellers and consumers that desire a comprehensive digital lifestyle. At the www.newegg.com website, consumers can find the latest technology parts and products, along with valuable product information, pictures, how-to?s, customer product reviews and opportunities to interact with other members of the technology and game enthusiast community.

 

Newegg views every customer as a customer for life and instills this philosophy in our employees to assure the complete satisfaction of every shopper. We continually evolve to satisfy the insatiable appetites of computer and electronic lovers everywhere and work around the clock to update our site with the hottest products, useful new features and reliable content. From browsing our intuitive and information-rich website, to purchasing and delivery to your door: we utilize the latest e-commerce and Internet technologies to provide real-time order status information, tracking numbers, safe and secure SSL encrypted transactions and much more. With warehouse locations in California, Tennessee and New Jersey, Newegg will almost always get products to customers within 3 days of an order, and generally within 2. In fact, 98% of our orders ship the day they are placed.

 

Newegg loyalists are accustomed to first-class service and the best values on the web. That is because we are experts on delivering the freshest technologies available and are in tune to what's hot and what's not. Our reputation, experience and keen industry insight permit us to negotiate the lowest possible prices. We stock the most in-demand products and encourage patrons to recommend merchandise to supplement our vast selection. If customers have a suggestion, we listen carefully. Customer feedback shapes our business and allows us to better serve our audience, and this customer-centric approach has paid off with unparalleled customer satisfaction ratings and loyalty that is the envy in our industry.  We are admittedly not yet a household brand, but our corporate slogan was created based on the response of IT enthusiasts and loyalists, and savvy internet shoppers, to the top-notch internet shopping experience we provide.  Indeed, as our corporate slogan states, ?Once you know, you Newegg.?

 

POSITION DESCRIPTION

 

Merchandising Managers are valued members of the Merchandising team. The positions will be based at Newegg?s headquarters in the City of Industry, about 30 minutes from downtown Los Angeles, CA.

 

SPECIFIC RESPONSIBILITIES

 

1. Develop effective merchandising programs to help vendor partners promote brands and products at www.newegg.com.

2. Develop top-level vendor relationships to facilitate and reinforce partnerships.

3. Maximize income of MDF and other vendor incentives through innovative merchandising program initiatives and effective selling.

4. Responsible for accurate tracking and utilization of MDF and Co-op accounts for assigned vendors.Increase participation and funding levels for all assigned vendors equal to or greater than company forecasts.

6. Proactively work with Product Management team to ensure and plan proper procurement of product stock as it relates to merchandising programs and goals and to produce successful promotion programs.

7. Coordinate with External Marketing team to execute merchandising programs.

8. Development and implementation of merchandising team reporting such as performance measurement reports.  

 

 

Candidate Profile:  The ideal candidate will come from a fast-paced and efficient organization with emphasis on the bottom-line and on delivering results. 

 

Experience:

 Bachelor?s degree in Marketing, Merchandising, Business Administration or related field. MBA preferred.Five years of merchandising experience in an IT or Consumer Electronics e-commerce environment, with experience dealing with major brand vendors.  Must have experience managing vendor P&L including MDF and Co-op accounts and utilization.Must be knowledgeable about various e-commerce marketing opportunities as well as traditional media.Must display a solid understanding of merchandising concepts.Must have proven experience in development and implementation of various e-commerce merchandising/marketing opportunities as well as traditional media.Excellent verbal and written communication skills.Strong negotiation and interpersonal skills.Excellent analytic and organizational skills. Detail-oriented self-starter with a positive attitude who is deadline and results oriented.

 

Compensation:  Base pay commensurate with the position, and 10-25% performance-based bonus based on company, department and individual performance.  Newegg offers excellent benefits, including medical, dental, vision, 401(k) with matching and paid time off.