Company Description
Homzmart is an end to end community that connects home professionals with homeowners who can browse home designs, furniture, accessories and products and also can find reviews, referring professionals, take advice from professionals and read articles about home improvement.
Job Description
Category Strategy & Planning:
Develop and execute strategic plans for the category, ensuring alignment with Homzmart’s broader business objectives. Continuously evaluate the performance and adjust tactics to ensure profitability and market share growth.Market Analysis & Trend Forecasting:
Stay on top of the latest electronics trends and consumer preferences. Conduct market research to identify new opportunities and anticipate shifts in demand.Vendor & Supplier Management:
Establish and nurture strong relationships with suppliers and vendors to secure the best product offerings, competitive pricing, and favorable terms. Negotiate contracts to maximize value and minimize costs.Product Selection & Assortment Management:
Curate a diverse, high-quality product assortment that aligns with customer needs and current market trends. Manage stock levels to ensure optimal product availability while avoiding overstock.Pricing Strategy & Promotions:
Develop pricing strategies that balance competitiveness with profitability. Lead promotions and discounting strategies for the electronics category to drive customer acquisition and revenue growth.Sales & Performance Monitoring:
Track and analyze category performance, sales metrics, and KPIs. Use data-driven insights to optimize the product assortment, pricing, and promotional activities.Cross-functional Collaboration:
Work closely with the marketing, supply chain, and customer service teams to ensure smooth execution of category initiatives, product launches, and customer satisfaction.
Qualifications
Experience:
- Minimum 4 years of experience in category management, product management, or merchandising.
- Strong knowledge of current trends, including consumer preferences, emerging technologies, and market dynamics.
Skills:
- Exceptional strategic thinking and analytical skills, with the ability to translate data into actionable insights.
- Proven experience in vendor negotiation and relationship management.
- Strong understanding of pricing strategies and promotional tactics.
- Excellent project management skills and the ability to prioritize in a fast-paced environment.
Personal Attributes:
- Strong communicator and collaborator who thrives in a team-oriented environment.
- Passion and a keen interest in staying updated on industry trends.