Senior Product Manager, Lily AI
$144.4-182.5k
More information about location
Product discovery platform for brands
Open for applications
Product discovery platform for brands
101-200 employees
Open for applications
$144.4-182.5k
More information about location
101-200 employees
Company mission
To empower retailers and brands by bridging the gap between brand-speak and customer-speak.
Role
Who you are
- Bachelor's degree in business, engineering, or a related field (MBA preferred)
- Proven experience as a Product Manager, with a track record of successfully launching and managing products
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work collaboratively in a cross-functional team environment
- Knowledge of agile development methodologies is a plus
- Familiarity with eCommerce/ PIM/ Retail is preferred
What the job involves
- As a Senior Product Manager at Lily AI, you will play a pivotal role in defining and executing the product strategy, driving product development, and ensuring that our products meet and exceed customer expectations
- You will collaborate closely with cross-functional teams, including engineering, design, marketing, and sales, to deliver innovative products that address market needs and drive business growth
- Product Strategy: Develop and communicate a clear and compelling product vision and strategy that aligns with the company's goals and market trends
- Market Research: Conduct market research, customer interviews, and competitive analysis to identify market opportunities and customer needs
- Product Roadmap: Create and maintain a product roadmap that outlines feature prioritization, timelines, and resource allocation
- Product Development: Collaborate with engineering and design teams to define product requirements, ensuring alignment with the product roadmap and customer needs
- Cross-Functional Collaboration: Work closely with cross-functional teams, including engineering, design, marketing, and sales, to drive product development and ensure successful product launches
- Product Launch: Lead product launches, including defining go-to-market strategies, pricing, and marketing campaigns to drive product adoption and revenue growth
- Product Performance: Monitor and analyze product performance using key metrics and customer feedback, making data-driven decisions to improve the product
- Customer Advocacy: Serve as the voice of the customer within the organization, advocating for their needs and ensuring they are met
- Risk Management: Identify potential risks and challenges in product development and work proactively to mitigate them
Our take
Lily AI is a product discovery platform that utilizes purpose-built AI for retail. It helps retailers to gain a deeper understanding of their customers and explores the emotional context behind retail purchases.
Lily AI recognizes the importance of emotions in buying decisions, particularly how shoppers consider whether or not an item of clothing will suit their body shape. For example, Lily AI can recognize if a woman exclusively purchases midi length, A-line dresses, and will combine AI and emotional intelligence to determine how that shopper perceives their body shape. The AI technology will then recommend similar items and tailor search results to the individual.
The company argues that its competitors treat retail as a numbers game, and simply use AI to drive sales. Lily AI differentiates itself by putting emotional context into the situation, creating specially curated shopping experiences for consumers of its clients, which include enterprises such as Bloomingdale's, The Gap, and thredUP. 2024 Funds raised by the company will enable further expansion into international markets, digital platform integrations and accelerate the development of its AI solutions into the retail value chain.
Steph
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Mar 2024
$20m
SERIES B
Dec 2023
$12.4m
EARLY VC
Total funding: $71.9m
Company benefits
- Comprehensive health and benefits package
- Paid vacation time and company holidays
- Flexible working arrangements
- Wellness Program
- Remote Team Building
- Diverse, Inclusive and Socially Responsible
Company values
- Empathize with the customer
- Dream big, then make it happen
- Be scrappy
- Challenge with care
- Roll up your sleeves & get stuff done
- Keep it simple
- Be a product owner
- Raise the bar
- Be right a lot
- Deep dive and be curious, and fail fast
Company HQ
Old Mountain View, Mountain View, CA
Articles
Leadership
Purva Gupta
(CEO & Co-Founder)Tory Burch Fellow at the Tory Burch foundation. Founder of the Venture Creation Program at Yale and former project manager at UNICEF. MBA in Finance at the Indian School of Business.
Sowmiya Chocka Narayanan
(CTO & Co-Founder)Former Senior Software Engineer at Box. Previously Mobile Engineer at Pocket Gems and a Software Developer at Yahoo. Former Software Design Engineer at Texas Instruments. Masters in Electrical and Computer Engineering at the University of Texas at Austin.
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