VP, Merchandising

NTWRK · Los Angeles, CA

Company

NTWRK

Location

Los Angeles, CA

Type

Full Time

Job Description

Company And Culture

 

Launched in 2018, NTWRK is a curated marketplace that brings together the world's most influential artists, brands, and personalities to create and celebrate culture. Rooted in sneakers, streetwear, and all things collectible, NTWRK offers unprecedented access to rare and exclusive products, while fostering communities of buyers and sellers, through traditional, livestream, and auction shopping experiences.

 

NTWRK’s unique approach connecting entertainment and shopping has attracted investment from the likes of Jimmy Iovine, Live Nation, Main Street Advisors, Goldman Sachs, Kering, and UTA Ventures, among others. 

 

Join us to help redefine the way people shop, while building a global marketplace that moves at the speed of culture. NTWRK is committed to building a high performing team that is passionate about what they do and the communities we serve. 

 

Everyone at NTWRK truly believes in the company and its mission; it’s almost a requirement for working here. There is synergy within the teams that makes NTWRK what it is, a well-oiled machine. Employees are at the forefront of the company's success because each one of us is given the opportunity to provide suggestions, feedback, and direction.

 

The Market

 

In 2022, the Chinese live-stream shopping market generated over $423 billion in revenue and by the end of 2023, nearly a quarter of China's total online shopping revenue will be attributed to some form of live video commerce. In the US, the livestream shopping market is expected to reach $68 billion in 2026. Consumer adoption is growing very rapidly, creating a massive opportunity where NTWRK can speak to the niche, fan-driven communities who crave authenticity. 


NTWRK in the News 


Forbes - America’s best startups to work for in 2022 and the “much-hyped e-tail platform that’s putting a rocket under retailtainment”


LinkedIn - NTWRK named one of the 50 best startups. 


AdAge - Hottest Brands 


Fast Company – “Brands that Matter” 


Webby – 26th Annual Webby Winner in the Apps and Software Shopping category


NTWRK has raised $50 million


Complex Acquired by NTWRK, With Investment From Universal Music Group




What We're Looking For


NTWRK is looking for a VP, Merchandising to deliver the NTWRK audience a curated shopping experience. As the Vice President of Merchandising, you are a leader of the merchandise product, strategy, and commerce business, and you have built relationships with brands and other marketplaces. You play a pivotal role in shaping the stylistic point of view of our marketplace. You stay ahead of fashion trends, cultural shifts, and streetwear movements to inform that point of view. Your strategic vision and leadership is instrumental in driving sales and establishing a clear point of difference in the competitive market. You lead and collaborate with cross-functional teams to curate an unparalleled assortment of products that resonate with our target audience.

What You'll Do

  • Develop and execute a comprehensive merchandising strategy aligned with the brand's vision and business objectives.
  • Develop and manage a robust pipeline of first-to-market and exclusive products, including but not limited to footwear, sneakers, apparel, accessories and collectibles from relevant brands, designers, distributors, licensees, and personalities.
  • Conduct thorough market analysis to identify gaps and opportunities in the current assortment.
  • Identify opportunities for growth, optimization, and expansion of product offerings.
  • Work closely with data, licensing, business partnerships, and marketplace teams to manage timelines of product releases and develop rollout plans and strategies to cultivate collections on the web
  • Identify key customer profiles and develop specific short-term and long-term product strategies to serve them
  • Establish a unique and distinctive point of difference in the market through strategic product curation
  • Monitor competitor landscape and consumer preferences to adapt and refine the merchandising strategy
  • Continually onboard vendors to the NTWRK brand and retailer marketplace
  • Procure desirable product from seasonal and go-to-market assortments
  • Create proprietary product offerings in partnership with influencers, talent, and in-house Licensing team.
  • Be responsible for revenue growth across all categories and cultural events by working closely with creative to build merchandising stories and developing exciting collections visible on the commerce platform
  • Present product pipeline and planning presentations to Senior leadership team during weekly reviews
  • Work closely with your team to track and coordinate product samples, production inventory, marketing assets, and cross-promotional synergies with all brand partner
  • Review customer feedback to predict sales trends and seasonal stock demand
  • Research and monitor industry trends and consumer behavior to anticipate demand and changes in buying patterns
  • Make predictions based on sales data, customer feedback and market trends and develop forecasting and projection reports for executive teams
  • Review competitors, including pricing, profit, marketing and other progress

Who You Are

  • 10-15 years of professional experience in online merchandising
  • Possess skills in purchasing, logistics, licensing, partner relations and trend analysis
  • Deep understanding of streetwear culture, fashion trends, and consumer behavior
  • Exceptional leadership skills with a track record of building and managing high-performing teams
  • Experience in retail and e-commerce is required
  • Ability to work cross-functionally
  • Proficient in G Suite, Keynote, Airtable, and Monday.com
  • Excellent communication skills, including speaking, copywriting, and listening
  • Strong time management abilities, including planning and prioritizing workloads and release schedules
  • In-depth knowledge of industry-specific trends and issues
  • Effective strategic planning, both for the short-term and long-term
  • Thorough understanding of merchandising trends and industry best practices
  • Creative and innovative thinking

What We Offer

  • Best in class health, dental, and vision insurance
  • Short-term/long-term disability and life insurance
  • Paid Parental leave
  • 401k with 4% match
  • Pet Insurance
  • Legal and Identity Theft Plans
  • Vacation time and sick days

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

 

Applicants must be authorized to work in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.


The above statements cover what are generally believed to be principal and essential functions of the job. Specific circumstances may allow or require some incumbents assigned to the job to perform a different combination of duties.

 

NTWRK participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

Apply Now

Date Posted

03/13/2024

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