Buyer - Skincare & Cosmetics
1 week ago
**Responsibilities**:
- Beauty Buyers need to keep their finger on the pulse of what their customers want in terms of health and beauty products and the prices they’re going to be prepared to pay for these. They achieve this by analysing high street trends, inviting customer feedback, devouring trade magazines, talking to front line shop floor beauty consultants and conducting competitor analysis.
- It’s not enough to know what today’s best sellers are, beauty buyers are also keen on predicting the best sellers of tomorrow. Cosmetic lines have to evolve if the company is to remain competitive. A beauty buyer will therefore be proactive in seeking new groundbreaking products to display.
- Armed with the knowledge of what their target audience wants the beauty buyer has to source suitable suppliers for these fragrances, cosmetics or beauty products.
- The process of product selection is quite a complex one. Before making a decision the buyer will have to determine which products will appeal to their target audience, whether the pricing is within the allotted budget and compatible with predicted sales targets, what bulk buying discounts are in force and if delivery schedules are suitable. Negotiation on a suppliers terms will often have to come into play.
- Once the beauty products start to be sold the buyer will be responsible for analyzing sales stats from the stores to evaluate the sales performance of all the various product lines. Their job is to manage the inventory and maximise the profitability of the retail operation by optimising it. For example, if a skincare range is selling particularly well then the buyer will need to anticipate when it needs replenishing and at what quantity. And if a particular skincare range isn’t selling well then decisions have to be made as to whether the price is discounted or the product transferred to another location where sales figures are healthier for that particular product.
- Buyers are expected to come up with strategies for growing their company’s market share and to present to their peers and superiors so they can buy into their vision. Evaluation of whether these strategies are working is a key part of the job and buyers will be forever analysing current sales figures and predicting future sales figures according to current performance, historical data and prevailing market conditions.
**Requirements**:
- Strategic thinker.
- Well organized with the ability to multi-task.
- Ability to work well under pressure.
- Confident decision maker.
- Good presentation skills.
- Innovative.
- Fast moving and adaptable.
- Good influencer.
- Excellent communicator. Buyers have to maintain good relationships with suppliers, their own staff and across departments
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
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