Product Sourcing & Researcher (Amazon)

A Product Sourcing & Researcher for an Amazon Private Label business meticulously analyzes the market to spot product enhancement and innovation opportunities. 

This role is crucial in keeping the product offerings fresh and competitive by understanding customer needs, industry trends, and the potential for new technologies or materials. 

In a nutshell, this role acts as a catalyst for growth by providing data-driven insights that inform the strategic direction of a company's product development.

Product Sourcing & Researchers conduct deep dives into consumer data, market conditions, and competitor strategies to pinpoint gaps and opportunities in the current product lineup. They scrutinize customer feedback and reviews to propose improvements to existing products, research sustainable and cost-effective materials, and generate innovative product concepts. 

Their recommendations are rooted in thorough research and analysis to enhance product appeal and functionality. That, while ensuring alignment with the brand’s values and goals. By identifying such opportunities, they contribute significantly to the product's lifecycle.

Are you a data-driven explorer passionate about uncovering winning products in the vast Amazon landscape? 

Join our team as an Amazon Private Label Product Sourcing & Researcher and become the curator of our digital retail success!

Your analytical skills will shine as you conduct in-depth product research and evaluate potential offerings for market fit and profitability. Armed with insights, you'll collaborate with cross-functional teams to inform product development and marketing strategies. 

This role is for you if you can guide our product selection with data-backed precision and contribute to our brand's online triumph!

• Conduct comprehensive product research to identify new opportunities.
• Track and analyze market trends to stay ahead of the competition.
• Perform competitive analysis to inform product development and pricing strategies.
• Identify customer needs and preferences to forecast possible future trends.
• Evaluate product performance by gathering, analyzing, and interpreting data.
• Collaborate with the product development team to design, test, and improve products.
• Ensure all product information is up-to-date and accurately represented on the company's Amazon Private Label platform.
• Participate in the design and execution of product testing.
• Work closely with the marketing team to develop effective product promotions and advertising.
• Collaborate with the product sourcing team to ensure a diverse, high-quality product selection.
• Develop presentations and reports to communicate research findings and insights.
• Participate in vendor selection, negotiations, and strategic sourcing.
• Monitor and report on users' reactions after launching.
• Use online market research and catalog findings in databases.
• Revise and apply effective research and sourcing methods.

• Introduction of new, successful products to the Amazon platform.
• Increased customer satisfaction rate due to an enhanced product selection.
• Improved ROI through efficient product management.
• Continued growth in product sales and improvement in market share.
• Documented insights about the latest market trends and consumer preferences.
• Improved vendor relations and strategic sourcing.
• Effective product pricing and marketing strategy based on thorough research.
• Positive feedback from customers on product variety, quality, and pricing.
• Consistent increase in web traffic and user engagement.
• Successful collaboration with product development, sourcing, and marketing departments.

• Bachelor's degree in Marketing, Business Administration, or a related field.
• Proven experience as a Product Sourcing & Researcher or similar role in the Amazon Private Label sector.
• Proficiency with statistical analysis software and database tools.
• Comprehensive knowledge of data analysis and visualization techniques.
• Excellent multitasking and organizational skills.
• Excellent verbal and written communication skills.
• Knowledge of Search Engine Optimization (SEO) techniques.
• Strong attention to detail.
• Ability to handle sensitive information with discretion.
• Understanding of market research techniques, data analysis, and statistical methods.
• Working experience with Product Information Management (PIM) tools is a plus.