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Assistant Buyer | Cult Beauty

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THG

2mo ago

  • Job
    Full-time
    Entry, Junior & Mid Level
  • Marketing
    Product
  • London

AI generated summary

  • You need strong financial, analytical, and project management skills, excellent communication, commercial awareness in beauty, and the ability to build relationships and negotiate effectively.
  • You will assist in managing brand budgets, coordinate promotions, monitor sales performance, support demand planning, and review pricing to ensure competitive positioning in the market.

Requirements

  • What skills and experience do I need for this role?
  • Prioritise, structure work & effectively manage time
  • Financial and analytical ability – ability to budget and review performance
  • Excellent communicator – able to give clarity and set direction
  • Commercial awareness of the beauty industry
  • Strong knowledge of your brand partners
  • Ability to form good working relationships with internal teams and external clients
  • Critical thinker and problem-solving skills
  • Project management skills
  • Negotiation skills

Responsibilities

  • Work with the Junior Buyer / Buyer to build, manage and deliver brand budgets & help build a best in market joint business plan to achieve business benefits including market leading promotions, first to market launches, exclusives and investment into promotional & marketing support to maximise performance.
  • Communicate key JBP activations by brand to site managers and marketing teams to ensure the successful execution of the JBP
  • Be responsible for coordinating JBP activations including the set up and ordering of NPD and GWPs, setting live and taking down brand promotions, providing clear guidance to trading teams around the time, strength and included SKUs of any promotions and actively providing teams with marketing assets to promote brands across site
  • Continuously monitor and review category performance to analyse sales patterns, taking into consideration competitor activations in the market. Advises relevant teams and ensures appropriate action is taken to unforeseen sales reactions.
  • Attend brand meetings alongside Junior Buyer / Buyer to offer support in meeting notes and feedback
  • Take responsibility for demand planning by brand alongside merch team to ensure every brand always has the stock needed to maximise budget performance and any new additions to the range are ordered in a timely manner
  • Be responsible for regular review and reporting of our pricing and competitive stance in the market by brand, highlighting to category manger and trading teams where we are not competitive and collaboratively strengthening our position

FAQs

What is the role of an Assistant Buyer at Cult Beauty?

The Assistant Buyer will work within a dynamic team to build and manage brand budgets, facilitate joint business plans, coordinate marketing activations, monitor category performance, and ensure stock levels meet demand.

What skills are required for the Assistant Buyer position?

Candidates should have strong organizational and analytical abilities, excellent communication skills, commercial awareness of the beauty industry, project management capabilities, and negotiation skills.

What kind of career development opportunities does Cult Beauty offer?

Cult Beauty provides access to bespoke development programs designed by their in-house Learning & Development team and continued development through an upskilling program in partnership with an industry-leading training provider.

How much annual leave does the Assistant Buyer position offer?

The position offers 25 days of annual leave plus bank holidays, with additional benefits like a day off on your birthday and opportunities to buy back extra leave.

Are there any wellbeing support options available?

Yes, Cult Beauty provides access to both face-to-face and virtual appointments with an in-house GP, a CBT therapist, and a 24/7 Employee Assistance Programme (EAP) provided by Bupa.

Is there a staff discount for THG brands?

Yes, employees can enjoy up to a 50% discount on THG brands.

Do I need previous experience in the beauty industry to apply?

While prior experience in the beauty industry is not explicitly stated as a requirement, having a commercial awareness and knowledge of brand partners in the beauty sector would be advantageous.

How does the recruitment process work?

Due to high volumes of applications, Cult Beauty aims to respond to every application within 14 days. If you haven't heard back by then or have specific questions, you can contact the Talent team for further discussion.

Are there any perks for referring someone to THG?

Yes, if you refer someone who is hired and passes their probation, you can receive up to £1,000 as a referral bonus.

What is Cult Beauty's stance on diversity and inclusion?

Cult Beauty is committed to creating a diverse and inclusive environment and welcomes applications from all sections of the community.

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THG

Reinventing how brands digitally connect to consumers globally #WeAreTHG

Technology
Industry
5001-10,000
Employees
2004
Founded Year

Mission & Purpose

THG is a vertically integrated, digital-first consumer brands group, retailing its own brands predominantly in beauty and nutrition, plus third-party brands, via its proprietary, end-to-end, e-commerce technology, infrastructure and brand-building platform (THG Ingenuity) to an online and global customer base.