Overview

The person in the Jewelry Buyer role is responsible for:

• Achieving financial targets set by Director of Finance
• Initiating new relationships for Gilt Groupe with domestic and international jewelry brands
• Convincing these brands to become Gilt Groupe partners
• Following up with jewelry brands that approach Gilt Groupe or brands that the Chief Merchandising Officer approaches for future sales
• Executing 2-4 jewelry sales per month
• Managing the Buying (or Consignment) Process for jewelry
  • Choosing the styles and quantities of pieces to be sold for each sale
  • Negotiating buying terms with the brand (price, quantity, delivery terms, consignment preferred vs buying if possible)
  • Acquiring creative assets from the brand in a timely manner (images, press kits, reel assets, samples for photo shoots when possible)
  • Creating the Purchase Order (PO) for each buy or consignment deal with a vendor (retail, wholesale, Gilt cost and Gilt retail prices needed)
  • Inputting pricing and descriptions into the website in advance of the sale
• Maintaining existing relationships with brands and initiating repeat sales
• Keeping abreast of industry trends and new product ideas by reading relevant magazines and visiting stores regularly
• Attending all relevant jewelry Trade Shows

Requirements

• 5-7 years experience working in the jewelry market
• Ability to initiate relationships with jewelry brands
• Self-starter, creative thinker, ambitious in nature, good with people
• Interest in retail and fashion, avid reader of fashion and trade publications
• Strong understanding of merchandising financials and ability to manage profitability
• Knowledge of “Open to Buy” process
• Ability to analyze reports and draw conclusions/recommendations from sales data
• Ability to remain flexible and willing to change strategies, as business needs dictate
• Ability to lead teams effectively and create an exciting workplace

If interested, please email careers@gilt.com.