eCommerce Product Analyst

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TYPE OF WORK

Full Time

SALARY

$800 - 1000 / negotiable

HOURS PER WEEK

40

DATE POSTED

Oct 8, 2024

JOB OVERVIEW

PLEASE NOTE: WORK HOURS WILL BE IN PACIFIC STANDARD TIME

We are seeking an E-commerce Product Analyst with a focus on sourcing and analyzing products, particularly within the toy industry. The ideal candidate will have a proven track record of researching and identifying trending products, as well as conducting post-holiday analysis to strategize for future seasons. Familiarity with the Chinese market is essential for this role, as is a deep understanding of market trends.

RESPONSIBILITIES:
- Actively source a variety of products (particular Toys) that ExKaliber can sell profitably on Amazon, Walmart and other eCommerce marketplaces.
- Research and analyze online selling activity to determine consumer interests, buying trends and to keep abreast of competitor merchandise.
- Drive new product development, overseeing every stage from concept, development, sourcing, and retail strategies.
- Spot new market opportunities by keeping a finger on the pulse of industry trends and retail channels by analyzing market research and being in the know for industry events.
- Collect and assess market competition by utilizing tools and marketing data to compare the health and evolution of our product catalogs versus competitors.
- Keep an eye on the product life cycles to determine strategic courses to improve existing products.
- Help guide the direction of future product lines by evaluating new product ideas using an in-house process to assess sales opportunity, profitability, and longevity.
- Determine new product pricing through thorough analysis of market research data, production and sales costs, projected volumes, and special or custom order costs.
- Assess current product lines and optimize, evolve, and/or pivot strategies by analyzing performance metrics and preparing reports that include addressing customer feedback, quality, improvements, and financial ROI.
- Forecast profitability for new products to optimize inventory turnover and product availability.

REQUIREMENTS:
- MUST HAVE: 3-4 years of professional work experience sourcing toys for Amazon marketplace in a high-growth, fast-paced environment.
- MUST HAVE: Familiarity with using basic Amazon tools such as Keepa, Jungle Scout, Helium 10,
- Strong familiarity with Amazon’s platform and its various features, including the ability to navigate and search for products on the site.
- MUST HAVE: Understanding of how to track product prices, sales ranks, and other data points over time.
- Knowledge of how to use Amazon tools and filters to analyze data and make informed sourcing and purchasing decisions.
- Ability to interpret and analyze data to make informed decisions about which products to purchase and when.
- Experience using Amazon tools to research and evaluate potential products for purchase.
- Proven to have sourced successful profit generating products in the toy category on Amazon
- Advanced Excel expertise, including pivot tables and bulk sheet creation/maintenance.
- Expertise in task management tools and product management platforms.
- Outstanding collaborative and communicative skills within a matrixed organization.
- A positive attitude, an inquisitive nature, and goal-oriented mindset.
- Exceptional focus and meticulous attention to detail.
- Ability to thrive in ambiguity with a solutions-oriented approach.

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