VGL Group
Location
Jaipur | India
Job description
Company Overview
Listed in 1996-97 on Indian stock exchanges, Vaibhav Global Ltd (VGL) is an end-to-end electronic deep discount electronic retailer of fashion jewelry, gemstones and lifestyle products in US, UK, Germany & and Canada. Today’s customers seek a convenient shopping experience. We are available to the customers via our proprietary 24X7 TV Shopping channels (Shop LC in US & Germany and Shop TJC in UK) and another digital medium which includes website, mobile apps, Over-The-Top platforms (OTT’s), social media and third-party marketplaces. Thus, today VGL reaches out to almost 124 million households across US, UK & Germany. VGL has its head office as well as its main manufacturing facility in Jaipur, India, which employs approx. 3000 people, including contract workers. We believe in supporting our community and protecting the environment with the purpose of Delivering Joy . Our service to the community is run through our Your Purchase Feeds… program under which each retailing unit donates one nutritious meal to a school-going child in India, the US, and the UK for each item sold through all its platforms. Our mission statement embraces the ambitious goal of distributing one million meals each day to children in need by 2031. We believe that Your Purchase Feeds… provides more than just a meal: it feeds the hearts, minds, and futures of children. We are committed to protecting the environment by constantly working on reducing our carbon footprint and becoming net zero by 2032. Our offices in India function on solar power, and each business unit is working towards getting a LEEDS certification. We live by and are inspired by our core values of Teamwork, honesty, commitment, passion, and a positive attitude, which form the basis of every decision we make. VGL is a Great Place to Work (GPTW) certified organization. Website - Job Summary As Jewelry Innovation Lead, you will be responsible for leading and managing the jewelry category within the innovation team of a company. Your primary goal will be to drive and execute innovative ideas and strategies to enhance the company's jewelry offerings, capture market share, and deliver exceptional customer experiences. You will work closely with cross-functional teams, including design, product development, marketing, and sales, to identify emerging trends, develop new product concepts, and bring them to market. Essential Job Functions • Develop and implement a comprehensive jewelry category strategy aligned with the company's overall innovation goals. • Conduct market research and analysis to identify consumer preferences, market trends, and competitive landscape. • Define category goals, objectives, and KPIs and track performance against them. • Collaborate with internal stakeholders to align category plans with overall business objectives. • Lead the ideation, concept development, and prototyping of innovative jewelry products that differentiate the company from competitors. • Stay updated on the latest product trends, technologies, and materials relevant to the jewelry industry and incorporate them into product development strategies. • Collaborate with designers, engineers, and suppliers to bring new products to life, ensuring quality, functionality, and market viability. • Manage the product lifecycle, from concept through launch and post-launch performance analysis. • Collaborate with the product development team to ensure timely execution and delivery of new jewelry products. • Work closely with the marketing team to develop go-to-market strategies, pricing, and promotional plans. • Collaborate with the sales team to provide product training, sales tools, and support for successful product launches. • Conduct research, surveys, and interviews to gain insights into consumer preferences, behaviors, and needs related to jewelry. • Stay up-to-date with market trends, competitors, and emerging technologies that could affect the jewelry industry. • Use consumer insights and market data to drive innovation, identify new product opportunities, and optimize existing offerings. • Manage multiple projects simultaneously, ensuring they are delivered on time, within budget, and meet quality standards. • Lead and inspire cross-functional teams, fostering a collaborative and innovative work culture. • Provide guidance, mentorship, and coaching to team members, facilitating their professional growth and development. Qualifications –• Bachelor's degree in business, marketing, design, or a related field (advanced degree preferred). • Proven experience in jewelry category management, product development, or a related role within the jewelry industry. • Strong understanding of jewelry market dynamics, trends, and consumer preferences. • Creative mindset with a passion for innovation and staying ahead of industry developments. • Excellent project management skills, including the ability to prioritize tasks, meet deadlines and manage budgets. • Strong analytical and problem-solving abilities with a data-driven approach. • Exceptional communication, collaboration, and leadership skills. • Proficiency in using industry-specific software and tools. • Knowledge of ethical and sustainable practices within the jewelry industry is a plus.Job tags
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