Product Sourcing and Market Research Expert
5 days ago
Product Sourcing & Market Research Analyst
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- We are seeking a highly motivated and detail-oriented individual to join our team as a Product Sourcing & Market Research Analyst.">
- The ideal candidate will be responsible for conducting thorough research to identify high-potential products for import, evaluating suppliers, and performing detailed market analysis to ensure that our products are competitively priced and meet market demands.">
Key Responsibilities:
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- Product Research & Sourcing: Research global markets to identify high-demand products that align with business needs and consumer trends. Source reliable suppliers, establish strong supplier relationships, and negotiate favorable terms for product procurement.">
- Market Research & Analysis: Conduct in-depth market research to understand customer preferences, pricing strategies, and competition. Use this information to identify pricing opportunities and create competitive pricing models for imported products.">
- Costing & Profitability Analysis: Analyze import costs, including shipping, customs duties, taxes, and other relevant fees, to ensure profitability. Provide detailed reports on cost structures, pricing strategies, and margin projections.">
- Vendor and Supplier Relationship Management: Identify and evaluate potential suppliers. Maintain ongoing communication with suppliers to ensure product quality, timely delivery, and compliance with company standards.">
- Competitive Intelligence: Continuously monitor competitors' products, pricing, and market trends. Use competitive insights to adjust sourcing strategies and ensure our products remain competitive in the market.">
- Sales and Market Forecasting: Provide actionable insights based on market research, helping to predict sales potential and product demand. Collaborate with sales teams to align product offerings with market needs.">
- Reporting & Presentation: Prepare detailed reports on product feasibility, market trends, supplier evaluations, and cost analysis. Present findings and strategic recommendations to management for decision-making.">
Requirements:
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- Bachelor's degree in Business, International Trade, Marketing, Economics, or a related field.">
- 2+ years of experience in product sourcing, market research, or international trade.">
- Strong research and analytical skills, with the ability to interpret complex data and trends.">
- Proficiency in Microsoft Excel and other data analysis tools.">
- Experience with market research tools (Google Analytics, SEMrush, etc.) is a plus.">
- Excellent communication and negotiation skills.">
- Ability to work independently and as part of a cross-functional team.">
Desired Skills:
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- Knowledge of international trade regulations, shipping logistics, and import/export operations.">
- Familiarity with cost modeling and pricing strategies.">
- Previous experience in sourcing products and managing vendor relationships.">
- Ability to work under pressure and meet deadlines.">
About This Role:
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- Competitive salary and benefits.">
- Opportunity to work in a fast-paced, growing industry.">
- Collaborative and supportive work environment.">
- Career growth and development opportunities.">
Job Type: Full-time, Part-time, Temporary
">Pay: Rs30,000.00 - Rs70,000.00 per month
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