Product Development Manager, SellerX
Buys and builds Amazon businesses
Job no longer available
Buys and builds Amazon businesses
501-1000 employees
Job no longer available
501-1000 employees
Company mission
To transform everyday moments with next-generation consumer brands that people love and trust.
Role
Who you are
- Minimum of 2 years of proven experience in Product Development with a focus on Amazon
- Demonstrated track record of successfully launching products and driving their success in the marketplace
- In-depth knowledge and experience working with the Amazon platform, including a solid understanding of its algorithms and best practices
- High attention to detail, ensuring accuracy and precision in all aspects of product development
- Proactive mindset with the ability to take initiative and drive projects forward
What the job involves
- In this role you will own the development of new retail products from ideation and market analysis through design to launch
- You will have the freedom to develop innovative products across a wide range of categories in various markets, particularly in Asia and Europe
- Conduct comprehensive market research and competitive analysis to identify market trends, customer needs, and potential opportunities
- Lead the design and development process of innovative new products across a diverse range of categories
- Assess the profitability and provide growth forecasts for new products
- Identify niche markets within various categories and developing strategic positioning strategies to establish a strong presence or gain a beachhead in those categories
Our take
The eCommerce sector has seen rapid growth in recent years, with Amazon continuing to be a dominant force in the market. SellerX was founded to capitalize on this trend by acquiring and building online retailers that trade on Amazon. The company targets high-profile sellers with the goal of creating in-demand consumer brands, ultimately amassing a diverse portfolio.
In late 2021, with the acquisition of KW-Commerce and a $500M investment, SellerX expanded its reach within the consumer goods sector. The company's long-term vision is to revolutionize the industry by developing a powerful brand portfolio, leveraging the growing demand for eCommerce-driven consumer products.
However, this year has been challenging for SellerX. A slowdown in growth and rising debt pressures led to significant financial restructuring, with BlackRock set to become the largest shareholder as part of a deal to reduce the company's debt. Despite these hurdles, the deal offers a fresh start, providing SellerX with improved liquidity and new backing to stabilize its position and continue reshaping the eCommerce space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-22% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2023
$64m
LATE VC
Dec 2021
$250m
LATE VC
Total funding: $482.3m
Company HQ
Mitte, Berlin, BE
Leadership
Olivier Van Calster
(CEO)Joined SellerX in July 2024 as CEO. Prior to that, they were the Chief Commercial Officer at Voi Technology. They also worked at StockX as the VP and General Manager and at Talmix as the COO, CEO, and NED.
Share this job