New Product Development Specialist (Mandarin Required)
Tesolife · On-site · Flushing, NY
Posted by Tesolife on their careers site · View the original posting
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Early career · asks for 2+ years
Open 43 days
The posting, as Tesolife wrote it
About TESO Group
Founded in 2017 in New York, TESO Group is an Asian-inspired lifestyle retail company bringing premium Asian products and culture to the U.S. market. With brands including TESO LIFE, TESO X, and TESO Mini, we offer a curated mix of beauty, snacks, home goods, and trendy collectibles—delivering quality, value, and a unique shopping experience.
Job Responsibilities
- Category Planning & Trend Insights
- Based on category positioning, target customers, price bands, and SKU structure requirements, identify gaps in subcategories, functions, usage scenarios, and price bands by considering existing product performance, store feedback, and market changes.
- Continuously track industry trends, consumer demand, social-media trends, competitor activity, trade shows, and emerging channels, and develop new-product development directions and an opportunity list.
- Based on the annual new-product plan and business objectives approved by the Category Manager, break down quarterly and monthly plans for new-product development, old-product replacement, and project execution, and continuously track completion.
- New Product Sourcing & Admission Evaluation
- Continuously source new products through suppliers, brand owners, factories, agents, trade shows, and other channels.
- Evaluate candidate products based on market demand, product differentiation, target customers, price band, gross-margin potential, competition, and store suitability.
- Collect quotations, MOQ, carton specifications, lead time, shelf life, supply capacity, compliance, brand authorization, and other information; organize sample requests, trials, and testing.
- Prepare new-product evaluation reports and recommendations, clearly stating reasons for recommending project initiation, continued observation, additional information, or rejection, and submit them to the Category Manager for review.
- New Product Project Initiation & Trial-Sale Plan
- Prepare new-product project proposals specifying product positioning, target customers, core selling points, cost and selling price, expected gross margin, initial-order needs, and business objectives.
- Develop trial-sale plans specifying trial stores, launch date, test period, pricing strategy, display requirements, and success criteria.
- Submit project initiation and trial-sale plans through the approval process. After approval, establish a project timeline and drive sample confirmation, product information, system setup, initial-order preparation, and all pre-launch work.
- Within the supplier, price, quantity, amount, and cooperation terms approved by the Category Manager, issue the initial purchase order and follow up on stocking, shipment, arrival, and receiving status. For OEM or production-based products, also follow production milestones.
- If actual initial-order purchasing conditions differ from the approved proposal—including price increases, quantity increases, MOQ changes, lead-time changes, or p
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ject progress reports, monthly development summaries, and special reviews as required; promptly report project delays, supply risks, and matters requiring management decisions.
- Follow up on cross-departmental tasks including product setup, purchase orders, arrival, launch, display, marketing support, and system-status adjustments, and coordinate timely resolution of project issues.
- After a new product completes trial sales and converts to a regular product, confirm completion of procurement, system, and merchandise-management handoff. After a discontinued product completes inventory and system processing, close the new-product project.
Qualifications
- Education : Bachelor’s degree or above; Marketing, Business Administration, Supply Chain, Statistics/Analytics, or related majors preferred.
- Professional Experience : 2+ years of experience in retail product development, category management, sourcing/procurement, market research, or merchandise operations. Relevant category experience and chain-retail experience preferred.
- Knowledge & Skills : Market and trend research; new-product evaluation and selection; product lifecycle management; cost, selling-price, and gross-margin analysis; competitor analysis; Excel; ERP or merchandise systems; basic compliance and intellectual-property awareness.
- Core Competencies : Commercial awareness; product judgment; market insight; data analysis; project management; communication and coordination; risk awareness; sense of responsibility.
Compensation
- $28 per hour
- Quarterly Performance Bonus: This position is eligible for a quarterly performance-based bonus, subject to the eligibility requirements, performance criteria, and terms of the Company's bonus program.
Benefits
- 401(k) & 401(k) matching - subject to the eligibility requirements
- Paid Sick Leave
- Employee discount
- Health insurance
- Paid Time Off
Job Type: Full-Time (On-Site)
Language Requirement: Proficiency in Mandarin and English Required