Senior Product Manager, StockX
Advertising
$110-120k
Plus equity and discretionary bonuses. Compensation is dependent on geography and may vary
Streetwear marketplace
Job no longer available
Streetwear marketplace
1001+ employees
Job no longer available
$110-120k
Plus equity and discretionary bonuses. Compensation is dependent on geography and may vary
1001+ employees
Company mission
To provide access to the world's most coveted items in the smartest way possible.
Role
Who you are
- 5-10 years of product management experience, with at least 3 years in digital advertising or a related field
- Proven track record of leading and scaling advertising products, preferably in a marketplace or e-commerce environment
- Strong understanding of ad tech, including CPC bidding models, programmatic advertising, and data monetization strategies
- Excellent communication skills, with experience presenting to senior leadership and stakeholders
- Strong analytical and problem-solving skills, with experience using data to drive product decisions
- Experience working with cross-functional teams, including engineering, marketing, sales, and finance
Desirable
- Experience with e-commerce marketplaces
- Experience managing vendor relationships
- Familiarity with A/B testing and other methods for measuring effectiveness
What the job involves
- As a Senior Product Manager, Advertising at StockX, you’ll be a key player in transforming how our Sellers and Brands showcase their products to a global audience of 220 million annual visitors across 200+ countries
- You will be instrumental in shaping our advertising strategy, focusing on developing Sponsored Asks—a tool designed to help sellers increase product visibility and improve sell-through rates within StockX’s unique marketplace model, which features stock market-inspired Bids and Asks
- Your efforts will empower Sellers and Brands to connect with more buyers, maximize sales, and achieve greater returns on their investments
- By leveraging StockX’s robust platform, you’ll drive the growth of our advertising products, contributing to the overall success of our marketplace
- Your role will be pivotal in scaling advertising solutions like Sponsored Asks and Display Ads as we work towards growing the advertising business to $100MM in annual revenue
- You will collaborate cross-functionally with engineering, marketing, and sales teams to create a scalable, impactful advertising platform that supports the goals of both brands and sellers while enhancing the user experience on StockX
- Lead the development and execution of StockX’s advertising product roadmap, with a focus on Sponsored Asks, Display Ads, and other innovative ad formats
- Collaborate with engineering, data, and sales teams to launch new advertising products and optimize existing ones to drive revenue growth and improve ROI for advertisers
- Analyze market trends, customer needs, and competitive offerings to identify new opportunities for product development
- Partner with marketing and sales teams to create compelling narratives and strategies that position StockX’s advertising offerings as market leaders
- Regularly present product performance, insights, and recommendations to executive leadership, ensuring alignment with StockX’s strategic goals
- Drive cross-functional initiatives to enhance the targeting, measurement, and effectiveness of our advertising solutions, leveraging the StockX Insights Platform to provide unparalleled data to advertisers
Our take
StockX pairs buyers with sellers and verifies products through its live bid-and-ask structure, funding itself by charging a transaction fee on each sale. In return it verifies each item sold on the platform for authenticity and condition, setting it aside from competitors in this space such as TheRealReal.
The company is now hoping to further distinguish itself by working directly with brands to release products through the platform, with a vision to letting its customers set the price for goods in the same way investors do for shares in the stock exchange.
Despite issues including allegations of counterfeiting from Nike and a general slowdown in the resale goods market over 2022, StockX has continued its rapid growth, doubling the number of buyers on its network to 12 million. While a global economic slowdown has caused it to give up on plans for an IPO in the near term, StockX is nonetheless planning to expand its product line and expand internationally in the near future.
Steph
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$60m
SERIES E
Dec 2020
$275m
SERIES E
Total funding: $495m
Company benefits
- We promote the physical and emotional health of our team members and their families. We offer generous health benefits packages to keep our team members happy and healthy
- Rest and recharge when you need it the most: In addition to a full holiday schedule, we offer generous paid time off for our team members
- Be present with your new family member: Through our parental leave benefit, new parents receive paid time off
- Invest in your future. Many of our team members can take part in our pension or 401k programs
- Unlimited paid time off policy
- Work from home opportunities
- Health insurance
Company HQ
Downtown Detroit, Detroit, MI
Leadership
Greg Schwartz
(Co-Founder & CEO)Worked at Deutsche Bank before founding Upto, a calendar software startup where he acted as CEO prior to founding StockX
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