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Merchant Jobs

Company

Blue Nile

Address Greater Syracuse-Auburn Area, United States
Employment type FULL_TIME
Salary
Category Retail
Expires 2023-07-31
Posted at 10 months ago
Job Description
Description
Blue Nile revolutionized the industry with a disruptive online business model, making it possible to shop for extraordinary, high-quality diamonds at a great value. At Blue Nile customers come to us for some of the most important moments of their lives. They count on us to provide them with the most premium jewelry and customer experience in the industry. Because of this, we obsess over our customer’s journey from start to finish, ensuring an incredible experience every step of the way. We solve some of the most complicated retail customer challenges in the industry -- everything we sell is inherently unique and a one-of-a-kind product.
At Blue Nile, we are better together. All teams work toward common goals as a diverse, inclusive, and unified team. We set the bar high, speak up, take initiative, and lead with integrity. We work with a bias for action to deliver results by surrounding ourselves with diverse talent who have great potential. Pushing boundaries while treating each other with empathy and respect.
Blue Nile has big goals for the Merchandising team!
The Merchant will take a hands-on approach to support the Director of Jewelry in the management and production of jewelry and act as a liaison between merchandising, quality control, marketing, and suppliers for R2Net. R2Net is the parent company of the James Allen and Blue Nile online jewelry brands and are combined the largest online sellers of diamonds and fine jewelry. The merchant will be responsible for driving the growth and success of our business by identifying, developing, and launching new products and collections. This role requires a highly analytical and creative individual who can work collaboratively with cross-functional teams to drive innovation, increase revenue, and improve margins. We are looking for a candidate who has a passion for bridal and fashion jewelry, a creative problem solver, and a go getter attitude to join our team!
Responsibilities
  • Provide reports and status updates to the Director of Jewelry regarding all ongoing projects.
  • Work with the marketing team to create and implement effective product launch strategies, including pricing, promotion, and distribution.
  • Manage sample orders with vendors for new products to present to the Director of Jewelry for final review and approval.
  • Manage the product development process from ideation to launch, including product development, sourcing, pricing, and promotion.
  • Assist with the strategy, development, and selection of merchandise while supporting the department through the products life cycle.
  • Analyze product performance and market data to identify opportunities for optimization and improvement.
  • Request cost breakdown from vendors using a standardized costing template.
  • Assist with ad-hoc requests.
  • Partner with local and international suppliers and manufacturers.
  • Conduct market research and analysis to identify trends, opportunities, and customer preferences.
  • Collaborate with cross-functional teams to ensure effective product launches, optimized merchandising, and coordinated marketing campaigns.
  • Process all info into the production management system, including style set-up, costing, and margins.
  • Review and approve CADs, Specs, and Jpegs for each design before submitting material to internal team and vendors.
  • Create working relationships with vendors that will bring on new styles to fill assortment gaps.
Requirements And Qualifications
  • Ability and knowledge to understand and analyze product cost breakdown (metal, diamond, labor).
  • Strong communication and collaboration skills, with the ability to work cross-functionally and lead a team.
  • Bachelor’s Degree in relevant major.
  • Experience resolving and communicating about issues with both data-driven and non-data driven audiences.
  • Excellent negotiation and vendor management skills.
  • Graduate Gemologist (GG) or similar certification preferred.
  • Strong analytical and problem-solving skills, with a data-driven approach to decision-making.
  • Knowledge of jewelry and jewelry manufacturing necessary.
  • Deep understanding of the diamond and jewelry industry, market trends, and customer preferences.
  • 5+ years of experience in merchandising, retail, or e-commerce.
  • Proven track record of developing and launching successful products and collections.
  • Ability to work independently and as a team player.
The salary range for this job is $90,000 - $120,000. Base pay offered may vary depending on geographic region, internal equity, job- related knowledge, skills & experience, among other factors. Regular positions are eligible for discretionary bonus. Blue Nile offers medical, vision, dental coverage and 401(k) employer match amongst other benefits for eligible positions.