Product Merchandising Trainee

Job description

Buccellati is an Italian jewellery, high-jewellery and silversmithing Maison founded in 1919, admired in the world for its craftmanship and the uniqueness of its creations. Today, the Buccellati jewels stand out for their design and for the techniques used to create them, such as the hand-engraving technique, dating back to the goldsmithing traditions of the Italian “bottega” of the Renaissance times.

The Maison’s unrelenting desire to create objects of rare beauty has made Buccellati renowned in the world for a style that is distinct, inimitable and imbued with sophisticated Milanese heritage, at once glamourous and contemporary.

The Maison has been part of the global luxury group Richemont since September 2019 and the Buccellati family is still present in the Company to perpetuate its style and unparalleled craftsmanship tradition.

For our HQ in the city center of Milan, we are looking for a Product Merchandising Trainee that will join the Buccellati Strategic and Digital Marketing Department.

You will support the Marketing Team in Product Merchandising activites. You will work closely with the Merchandising team to provide data-driven insights to monitor sales trends, guide assortment, pricing, and product positioning decisions, while ensuring alignment with brand strategy and market dynamics within the luxury industry.

In particular, you will provide daily support to the Team, in the following activities:

• Analysis and Reporting
  • Support the preparation of analytical reports and presentations for top management
  • Perform catalog analysis to ensure an updated product offer and presentation
  • Develop and maintain dashboards and performance reports to monitor product sales performance across the assortment
  • Conduct product trend analyses and competitive benchmarking within the luxury market

• Product Development and Competitive Insights
  • Follow the product development process, ensuring alignment between product strategy and market positioning
  • Continuously monitor competitors’ product launches and initiatives to provide actionable insights for new product positioning
• Model Stock and Boutique Assortment
  • Support the definition and optimization of the model stock, ensuring a balanced assortment between novelties and carry-over items
  • Monitor boutique stock levels and product availability, proposing actions to enhance performance and visibility of new launches.
• Strategic Pricing
  • Contribute to the definition of strategic pricing for new collections, ensuring alignment with brand positioning and competitive landscape
  • Support price testing and sensitivity analyses to assess the impact of pricing strategies on product performance