Join VenturesHeadquartered in Mumbai, India, IGP is a global multi-category gifting company renowned for its extensive range of thoughtful gifts and exceptional gifting experiences. We are dedicated to providing an extraordinary level of service, combining high-quality products, seamless delivery, personalization options, and a deep commitment to making your relationships feel cherished and special. Our focus is on fostering meaningful connections, empowering individuals as well as corporates/businesses to express their emotions through the art of gifting. We take pride in our relentless pursuit of excellence, which is evident in our meticulously curated collections. From festival merchandise to gifts, fresh flowers, cakes, plants, gourmet foods, and personalized products, we offer an unparalleled selection for all occasions and festivals. We are dedicated to delivering one of the best- curated gift experiences in the industry. With a global footprint, IGP serves customers in 100+ countries and possesses the capability to deliver gifts to over 150+ countries and 400+ cities in India. Our reach knows no boundaries, ensuring that your heartfelt gifts can touch the lives of your loved ones wherever they may be. At IGP, we understand the profound significance of every gift, as it represents the emotions of both the sender and the receiver. Our ultimate goal is to ensure that each gift carries a powerful emotional impact, leaving a lasting impression. We are on a mission to help you express what you truly feel and transform every gift into a true embodiment of those heartfelt emotions. The links of the websites for brands (IGP & Interflora) as well as for the parent company Join Ventures is given below for your referenceDescription Responsible for driving the growth and profitability of the assigned category through strategic planning, curation, inventory management, and coordination with key stakeholders. You will own the end-to-end management of the product portfolio, including new launches, liquidation of old stock, and cross-functional collaboration to ensure optimal performance of the category.P&L Management: Own and manage the category& Profit &Loss to drive revenue, profitability, and margin growth. Monitor and analyze sales performance, customer trends, and competitor activities to optimize category performance. Identify growth opportunities and implement pricing strategies to enhance margins. Product Curation and Assortment: Develop and maintain a compelling product assortment that aligns with customer preferences and market trends. Curate a portfolio of high-performing SKUs, ensuring a well-balanced mix of products. Work with suppliers and vendors to ensure the best deals and timely availability of products.New Product Launches: Lead the planning and execution of new product launches within the category, ensuring product visibility and engagement. Collaborate with the marketing team to develop promotional strategies and campaigns for new products. Track the performance of new launches, making necessary adjustments based on data insights. Inventory Management and Liquidation: Oversee inventory levels to ensure optimal stock availability while minimizing excess inventory. Develop strategies to manage slow-moving and obsolete stock, including clearance sales, discounting, or repurposing. Ensure efficient liquidation of old inventory to avoid obsolescence and maximize revenue.Cross-Functional Collaboration: Work closely with marketing, visual merchandising (VM), upload, and content teams to ensure seamless execution of category plans. Provide input to the marketing team for creating promotional campaigns that drive traffic and conversions. Collaborate with the upload team to ensure accurate and timely product uploads with correct descriptions and imagery.Performance Analysis and Reporting: Regularly monitor category KPIs such as sales, margins, stock levels, and customer engagement metrics. Prepare weekly and monthly performance reports, highlighting key insights, trends, and actionable recommendations. Use data analytics to make informed decisions on product curation, pricing, and marketing strategies.Vendor and Supplier Relationship Management: Build and maintain strong relationships with vendors and suppliers to negotiate better terms, product availability, and timely deliveries. Conduct regular vendor performance reviews to ensure consistent product quality and service levels.Market Research and Trend Analysis: Stay updated on industry trends, competitor strategies, and consumer behavior to maintain a competitive edge in the market. Conduct regular market research to identify new opportunities for category growth and expansion.
Job Title
Category Executive