Product Development Merchandiser banner
a Product Development Merchandiser thumbnail
Product Development Merchandiser

Overview, Education, Careers Types, Skills, Career Path, Resources

Product Development Merchandisers plan and develop product lines. They analyze trends, manage inventory, and collaborate with design teams to ensure products meet market demands.

Average Salary

₹4,50,000

Growth

medium

Satisfaction

medium

Home/Careers/business commerce and management/product development merchandiser
Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

    -
    Product Lifecycle Management (PLM)
    -
    Market Trend Analysis
    -
    Sourcing and Vendor Management
    -
    Cost Analysis and Budgeting
    -
    Visual Merchandising
    -
    Inventory Management
    -
    Quality Control
    -
    Negotiation Skills
    -
    Product Presentation
    -
    Supply Chain Management
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

    -
    Analytical Skills
    -
    Communication Skills
    -
    Negotiation Skills
    -
    Problem-Solving Skills
    -
    Organizational Skills
    -
    Attention to Detail
    -
    Adaptability
    -
    Teamwork and Collaboration
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

    -
    Product Lifecycle Management (PLM)
    -
    CAD Software (e.g., AutoCAD, SolidWorks)
    -
    Supply Chain Management (SCM)
    -
    Manufacturing Processes
    -
    Data Analysis and Reporting
    -
    Market Research and Analysis
    -
    Project Management
    -
    Quality Assurance and Testing
    -
    Costing and Pricing Strategies
    -
    Communication and Presentation Skills
    -
    Trend Analysis and Forecasting
    -
    Knowledge of Textiles and Materials
Duties and Responsiblities

Task

95%

Analyzing market trends and consumer preferences to identify potential product opportunities for the Indian market.

90%

Developing product strategies and roadmaps aligned with business goals and target demographics in India.

85%

Collaborating with design and engineering teams to create product prototypes and specifications tailored for Indian consumers.

80%

Conducting product testing and gathering feedback from Indian users to ensure product quality and usability.

75%

Managing the product development lifecycle from concept to launch, ensuring timely delivery and adherence to budget.

70%

Working with sourcing and manufacturing teams to optimize product costs and ensure supply chain efficiency in India.

65%

Creating product documentation and training materials for internal teams and external partners in the Indian market.

60%

Monitoring product performance and gathering data to identify areas for improvement and future product development opportunities.

55%

Staying up-to-date with industry trends and competitor activities in the Indian market to inform product development decisions.

Work Activities

95%

Analyzing current market trends to identify popular products and consumer preferences.

92%

Negotiating with suppliers to secure the best prices and quality for product materials.

90%

Developing innovative product ideas based on market research and consumer needs.

88%

Evaluating product samples to ensure they meet quality standards and design specifications.

85%

Identifying ways to reduce production costs without compromising product quality.

82%

Managing inventory levels to ensure product availability while minimizing storage costs.

80%

Implementing quality control measures to ensure products meet required standards.

78%

Overseeing the design and development of product packaging to attract consumers.

75%

Analyzing sales data to identify top-selling products and areas for improvement.

72%

Planning and executing promotional activities to boost product sales and visibility.

70%

Benchmarking competitor products to identify strengths, weaknesses, and opportunities.

68%

Forecasting future market trends to anticipate consumer demands and preferences.

Detailed Work Profile

Interests