Product Development Analyst (eCommerce)

A Product Development Analyst in the eCommerce sector plays a pivotal role in analyzing market trends, consumer preferences, and technological advancements to guide the development of new products for online retail platforms. 

This role requires market research, data analysis, and an understanding of eCommerce dynamics to effectively contribute to creating products that meet customer needs and drive online sales.

eCommerce Product Development Analysts conduct market and competitor analysis to identify emerging trends and potential product opportunities. They collaborate closely with product development teams to provide insights that inform product design, features, and functionality, ensuring alignment with consumer demand and market gaps. 

Additionally, they evaluate customer feedback and sales data to refine existing products and strategies, ensuring eCommerce offerings stay relevant and competitive.

Calling all data-driven strategists who excel at optimizing eCommerce product offerings and creating exceptional digital shopping experiences! 

Join our team as an eCommerce Product Development Analyst and become the visionary behind our brand's online retail evolution.

Be the driving force behind our eCommerce product development, utilizing data-driven insights and market trends to shape our digital shopping landscape. Leverage your analytical prowess in conducting thorough research, assessing customer behavior, and identifying opportunities for new products or improvements to existing offerings. 

Turn insights into action by crafting compelling product strategies that resonate with our target audience!

• Conduct comprehensive eCommerce market research and analysis to unveil consumer preferences, dissect the competitive landscape, and spot emerging trends.
• Brainstorm and propose fresh product ideas harmoniously with market demands, collaborating closely with the product development team.
• Develop precise product specifications encompassing materials, dimensions, and cost considerations.
• Engage with marketing and sales teams to devise product positioning, pricing, and effective marketing strategies.
• Gauge product performance and furnish recommendations for enhancements or line extensions.
• Monitor project timelines and budgets with diligence to maintain on-target product development.
• Champion the identification of avenues for ongoing enhancement in product development processes.
• Collaborate with the quality assurance team to ensure product safety and compliance with industry standards.
• Participate in cross-functional team meetings, contributing to discussions on product development strategies and initiatives.
• Regularly update stakeholders on product development progress and offer insightful input.
• Present research findings, proposals, and progress updates to leadership and stakeholders.
• Stay well-versed in eCommerce industry regulations, certifications, and compliance mandates governing product development.
• Stay abreast of consumer and market trends, leveraging insights to inform new product development strategies.

• Increase new product offerings by 20% in the first year through insightful market analysis and consumer-centric product ideation.
• Enhance the efficiency of the product development cycle by 15% through streamlined processes and effective project management.
• Achieve a 10% boost in product sales within the initial six months of product launch by crafting compelling product positioning and astute marketing strategies.
• Maintain rigorous adherence to the product development budget, achieving a less than 5% variance.
• Introduce three innovative, high-demand products per quarter, addressing consumer needs and driving revenue growth.
• Foster a 25% upswing in customer satisfaction scores by delivering improved or enhanced products.
• Slash product development lead times by 10% through process optimization and vendor management.
• Ensure unblemished product compliance with industry regulations and standards, securing a 100% compliance rate in product testing and certifications.

• Bachelor's degree in Business, Marketing, Product Development, or a related field.
• Over 3 years of hands-on experience in product development, particularly in consumer packaged goods or the eCommerce industry.
• Proficiency in data analysis, enabling the interpretation of market data and trends to drive product decisions.
• Proficiency in Microsoft Office Suite and familiarity with project management tools.
• Comprehensive knowledge of industry regulations and compliance standards applicable to consumer packaged goods.
• Demonstrated expertise in project management and adeptness in cross-functional team collaboration.
• Outstanding communication and presentation skills.