Come join us at L’Oréal – the #1 beauty company in the world, spread across more than 150 markets worldwide! We've been leading the beauty industry for over 100 years, constantly evolving with the help of data, tech, innovation, and some serious science power. 

Together, we tackle big challenges while making sure we stay highly committed to making the world more inclusive and a better place for everyone & our planet. So, let's team up and create the beauty industry of the future together!

Position Title: YSL – Sr./Group Product Manager

We are the global leader in luxury beauty and fine fragrance. With more than 35,000 luxury beauty experts across the globe, our mission is to craft the best luxury beauty products and experiences in fragrance, skincare, and makeup. Through a portfolio of 25 aspirational and complementary brands around the globe, L’Oréal Luxe expresses its unique vision for luxury beauty: La Culture de l’Écart. We're not just building brands; we're shaping how the world experiences luxury beauty (and it takes a lot of cool jobs to do it).

Intrigued? Keep reading, this might be the opportunity you've been searching for.

A DAY IN THE LIFE:

This role orchestrates new product launches and drives growth of key pillar products within the YSL brand to win in the couture market, leveraging expertise in brand building through holistic marketing communication. You will strategically plan new product launch campaigns, initiate and execute marketing programs, and report on market trends and sales analysis. You will manage the P&L for your assigned category (with guidance from your manager) and optimize the budget to achieve targets. This includes overseeing budget allocation for product samples and testers, ensuring cost-effectiveness and alignment with overall marketing strategies. Team leadership responsibilities, including mentoring and managing a team of 3 Product Managers, will apply to the Group Product Manager role.

Strategic Leadership in 3-axis category

• Develop and implement the overall product strategy for the assigned category, deep understanding in couture competition with different categories, skincare, makeup, and fragrance.
• Manage P&L with guidance of N+1 for the assigned category and marketing PLV, optimize budget to achieve targets. This includes overseeing the budget allocation for product samples and testers, ensuring cost-effectiveness and alignment with overall marketing strategies.
• Conduct in-depth market research, competitive analysis and consumer insights gathering to identify growth opportunities and inform product strategy.
• Potential for team leadership responsibilities, including overseeing a team of 3 Product Managers (for Group Product Manager level).

New launch and Campaign

• Plan, Manage and integrate campaigns with related teams including budget, concept, message, key strategy and leverage action plan to roll out throughout touchpoint of consumers.
• Develop and build 360 marketing mix plans for product launches or pillar-product repush campaign, working closely with departments involved (communication, digital, eCom, retail, MD, CRM and SCM) to create an integrated, engaging and consistent consumer brand experience
• Manage all aspects of local development regarding campaign
• Analyze regular campaign result on key pillar product and share with related team.
• Analyze and report on makeup/skincare/fragrance market trend and competitor’s activity

Product Lifecycle and Forecast Management

• Manage forecasting and inventory for new and existing products, including saleable items, testers, and samples.
• Maintain key performance indicators (KPIs) through accurate forecasting, effective shipment and stock management, and successful product lifecycle management.
• Develop and execute product management strategies to achieve brand business objectives, ensuring sales forecast accuracy.
• Analyze product segment/category data to inform brand strategy recommendations.
• Work closely with other departments (Supply chain, Retail, Communications, and Merchandising) to achieve marketing objectives.
• Leverage deep understanding of channel dynamics (Department stores, e-Retail, eD2C owned mall, Naver Shopping, and Kakao Gift Shop) to optimize product distribution and availability.

WHO YOU ARE:

• Years of experience: +7~10 years of career experience 
  • Experience in the luxe cosmetic industry is essential
• Language: Fluent in English (Speaking & Written)
• Other Skills: 
  • Proficient with Excel and PPT are must, SAP is a plus

WE ARE ENGAGED & COMMITTED:

We’re committed to guaranteeing inclusive recruitment processes and to advocating for hiring and promoting each candidate in an ethical and equitable way.

The Group strictly prohibits discrimination against any applicant for employment because of the individual’s gender identity or expression, sexual orientation, visible and/or invisible disabilities, socio-economic and/or multicultural origins, health conditions, age, religion or any other characteristics protected by law.

We are proud to be an equal opportunity employer.

(*Please attach your updated Eng. resume when you apply.)