1. Role Description:
We are seeking a dynamic and experienced Sales Manager to lead our sales efforts in the B2B online marketplace catering to retailers in the luxury fashion industry. The ideal candidate will have a strong background in B2B sales, a deep understanding of the luxury fashion market, and the ability to drive revenue growth through strategic partnerships.
2. Specific Responsibilities:
• Develop a deep understanding of the luxury fashion industry, including current trends, designers, and market dynamics.
• Stay informed about the specific needs and preferences of retailers operating in the luxury fashion sector.
• Familiarize yourself with the unique challenges and opportunities within the B2B context of luxury fashion.
• Learn about the intricacies of premium materials, craftsmanship, and brand positioning in the luxury market.
• Understand the value proposition and differentiation strategies of various luxury fashion brands.
• Craft tailored B2B sales strategies that align with the unique requirements of luxury fashion retailers.
• Develop a consultative sales approach to understand retailers' specific business goals and challenges.
• Implement value-based selling, focusing on the unique features and benefits of your online marketplace.
• Create personalized solutions for retailers, showcasing how your platform can enhance their business.
• Adapt sales strategies based on the diverse needs of retailers, considering factors like inventory management and exclusive partnerships.
• Cultivate strong relationship-building skills to establish and maintain connections within the luxury fashion industry.
• Attend industry events, conferences, and trade shows to network with potential clients and partners.
• Develop a robust network of contacts within the B2B fashion community, including retailers, distributors, and brands.
• Leverage existing relationships to generate referrals and expand the reach of the online marketplace.
• Foster a collaborative and mutually beneficial ecosystem for all stakeholders involved.
• Stay updated on market trends, competitor activities, and shifts in the luxury fashion landscape.
• Conduct thorough competitor analysis to identify strengths, weaknesses, opportunities, and threats.
• Utilize market intelligence to anticipate retailer needs and proactively address industry changes.
• Implement a continuous feedback loop to gather insights from retailers using the online marketplace.
• Develop strategies to position your platform as a leader in the B2B luxury fashion space.
• Gain a strong understanding of the technology infrastructure supporting the B2B online marketplace.
• Learn to communicate the technical capabilities and benefits of the platform to potential clients.
• Stay informed about advancements in e-commerce technology and explore opportunities for platform optimization.
• Develop negotiation skills to navigate complex deals and agreements in the luxury fashion industry.
• Understand the legal aspects of contracts and agreements, ensuring compliance with industry standards.
• Craft compelling proposals and presentations to communicate the value proposition of the online marketplace.
• Learn to address objections and concerns raised during the negotiation process.
Close deals efficiently while maintaining positive relationships with clients and ensuring long-term satisfaction.
3. Competencies:
1. Luxury Fashion Industry Knowledge
2. B2B Sales Strategy Development
3. Relationship Building and Networking
4. Market Intelligence and Competitor Analysis
5. Technology Integration and Platform Optimization
6. Contract Negotiation and Closing Deals
4. Duration of Traineeships: 6 months
5. Approved Training Allowance: Mature Mid-Career Individuals - $3800