Product Development Manager
2 weeks ago
**Description - External**
**WHO WE ARE**
**Our Brands**:The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA, Too Faced and Dr. Jart+.
To learn more about our unique corporate culture in Canada, please visit LinkedIn.
**Position Summary**:
**PRINCIPAL ACCOUNTABILITIES**:
**Strategy & Management**:
- Manage the makeup category innovation strategy in accordance with global makeup portfolio, strategy, and corporate innovation
- Support the creative development process for makeup category from concept through submission including concept development, research, presentation, and establishment of 3-year plan
- Research consumer insights & market opportunities via granular insights & analytics
- Identify existing gaps** **via commercial innovation leveraging existing heroes & underleveraged assets
- Support Commercialization Innovation effort as needed
**Conceptualizing**:
- Manage the development of innovative formulas with robust stories, providing marketing teams with bold story-telling tools used in designing 360 launches capitalizing on market trends/growth opportunities, and ensuring wins in all key regions
- Foster a deep understanding of the makeup market/industry trends, from ingredient, texture, form, claims and storytelling aspect
- Have finger on the pulse of the consumer and social media aspect of benefit, performance, and package delivery trends. What is being used, how and why
- Be able to communicate product concepts, positioning, and attributes visually and verbally through PowerPoint (buzz word sheets) and product profiles
- Research product claims to help lead the trend, meet market entry and product differentiation
- Meet with raw material vendors to expose external technologies and trends to influence conceptualization - as needed
- Attend trend presentations, trade shows, and outside vendor meetings to support the team in reviewing formula prototypes and track upcoming trends
- Ability to analyze and interpret sales data and consumer insights into sales trends, product innovation and portfolio insights
**Development**:
- Partner with lab capabilities in Melville and Canada to help accelerate innovation creation
- Work cross-functionally with internal teams to meet timelines (Claims, R+D, and Legal)
- Manage the framework to continue the pipeline of pigments and pearls to help accelerate makeup innovation
- Communicate and collaborate with R+D when evaluating formulas to meet texture and performance needs
- Collaborate and help drive innovation with the Packaging team marrying formulas with new and different packages
- Manage a product through the production lifecycle upholding quality and safety from lab, to pilot to production
- When needed develop/shade onsite at the lab
**Communication and Messaging**:
- Present product evaluation, trends benefits and key positioning in internal meetings
**Qualifications** SKILLS REQUIRED**
- Relevant experience (3-4+ years); colour background preferred
- Undergraduate University/College Degree preferred
- Strong skills in tactile/aesthetic evaluation of cosmetic products as well as the ability to communicate product understanding
- Ability to think creatively and brainstorm new ideas to stay ahead of the market curve
- Excellent organization, communication and follow-through skills with a keen eye for detail.
- Multi-functional, flexible, to handle ever changing priorities.
- Strong written, oral, and presentation-based communication skills.
- Job requires both domestic and foreign travel
- Proficiency in Microsoft Word, Excel and Power Point
- Well versed in social media and social network activities and trends.
**Job**: Research & Development
**Primary Location**: Americas-CA
- **Job Type**: Standard
**Schedule**: Full-time
**Job Number**: 2221326
We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. Accommodations for job applicants with disabilities are available on request.
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