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Director, Market Insights

About the Company


e.l.f. Beauty, Inc. stands with every eye, lip, face and paw. Our deep commitment to clean, cruelty free beauty at an incredible value has fueled the success of our flagship brand e.l.f. Cosmetics since 2004 and driven our portfolio expansion. Today, our multi-brand portfolio includes e.l.f. Cosmetics, e.l.f. SKIN, pioneering clean beauty brand Well People, Keys Soulcare, a groundbreaking lifestyle beauty brand created with Alicia Keys and Naturium, high-performance, biocompatible, clinically-effective and accessible skincare.


In our Fiscal year 24, we had net sales of $1 Billion and our business performance has been nothing short of extraordinary with 23 consecutive quarters of net sales growth. We are the #2 mass cosmetics brand in the US and are the fastest growing mass cosmetics brand among the top 5. Our total compensation philosophy offers every full-time new hire competitive pay and benefits, bonus eligibility (200% of target over the last four fiscal years), equity, flexible time off, year-round half-day Fridays, and a hybrid 3 day in office, 2 day at home work environment. We believe the combination of our unique culture, total compensation, workplace flexibility and care for the team is unmatched across not just beauty but any industry.


Visit our Career Page to learn more about our team: https://www.elfbeauty.com/work-with-us


Position Summary

e.l.f. Beauty is looking for a Director, Market Insights to join our dynamic, fast-paced, high-growth company. The ideal candidate will be adept at synthesizing and analyzing market data, as well as clearly articulating trends and business impacts. This person is highly self-motivated, inherently curious, and strategic yet detail oriented. They are comfortable in an agile work environment and have a passion for analyzing data, surfacing insights, and storytelling with data to drive business decisions. The position will report directly to the Vice President, Global Insights.

 

The Director, Market Insights is responsible for overseeing global market insights, inclusive of market analysis, competitive intelligence, product insights, and shopper trends, to drive actionable, data-driven growth through compelling storytelling. This individual will be skilled at connecting dots across multiple data sources and strategically distilling and disseminating the actionable insights to all levels in the organization. They will be a thought leader and work collaboratively with cross-functional partners, acting as a trusted source in making strategic connections between broad-based trends and marketplace opportunities. The ideal candidate is data-driven, results-oriented, has excellent communication skills, and is comfortable operating across all levels of the business, from strategic to tactical.

 

This is a hybrid position based in any of e.l.f.’s offices (NYC, Oakland, CA, or Los Angeles, CA) 3 days a week, with occasional travel.


Responsibilities
  • Translate business needs into a strategic roadmap for market insights and overseeing the execution of the roadmap.
  • Leverage multiple data sources to connect dots and develop a comprehensive understanding of the business environment, while keeping a pulse on consistently evolving trends within and beyond beauty.
  • Strategically distill insights from diverse data sources and present them to senior stakeholders and cross-functional teams in a compelling narrative with concise and actionable findings and implications.
  • Leverage syndicated data tracking resources (e.g., NielsenIQ, Circana, Euromonitor, Numerator, etc.) to analyze trends and identify whitespace opportunities.
  • Independently own end-to-end creation of market insights presentations from storyline through final edits, including Board-level materials.
  • Provide thought leadership and collaborate with global stakeholders in brand, innovation, digital, creative, and IMC functions, surfacing insights and analytics to further promote data-driven decision-making organizationally.
  • Oversee the enhancement of market insights tracking and reporting infrastructure to support evolving business needs.
  • Drive the exploration and implementation of innovative and disruptive insights methodologies, including AI, to create next generation insights advancements.
  • Develop and maintain relationships with external data and research partners (i.e., NielsenIQ, Circana, Euromonitor, etc.), while consistently evaluating potential new data and research partners.


Requirements
  • Minimum 10 years of experience in market analysis, and data insights and analytics.
  • Bachelor’s degree in Market Research, Business Analytics, Data Analytics, Marketing, or a related quantitative field. A master's degree or MBA is a plus.
  • Strong ability to analyze and synthesize disparate information from multiple data sources into a holistic story with strategic implications and recommendations. Capable of turning complex information into simple and understandable messaging.
  • Inherently curious, proactive, and enjoys digging beyond the surface to uncover insights. Exceptional at finding trends and the story in the data, articulating the “so what,” and translating insights into strategic, actionable recommendations.
  • Passionate about customer-centricity and data-driven strategy, with the ability to effectively communicate and influence key stakeholders.
  • Outstanding analytical, critical thinking, and organizational skills with extreme attention to detail. Ability to focus on both strategy and execution.
  • Excellent written and verbal communication and data story-telling skills, including the ability to clearly present findings and recommendations to diverse stakeholders. Has executive presence with a high degree of comfort working with and presenting to senior leaders.
  • Outstanding knowledge of syndicated data sets (e.g., NielsenIQ, Circana, Euromonitor, Numerator) and ability to navigate beyond pulling numbers, to analyze and distill the most relevant insights.
  • Strong leadership skills with the ability to work independently and effectively across multiple projects, without sacrificing accuracy and attention to detail, in an extremely fast-paced environment.
  • Thrives in ambiguity and agile work environments, with strong prioritization and project management skills.
  • Strong business acumen with experience in category strategy.
  • Proficient in MS Office core suite (Excel, PowerPoint, Word, Outlook)
  • Experience with data visualization tools (Tableau, Power BI, etc.).
  • Experience using data analytics tools and languages such as SQL, SPSS, etc.
  • Experience on the supplier side and brand side of research/insights preferred.
  • Consumer goods industry experience preferred.
  • Passionate about the beauty industry.


$160,000 - $185,000 a year

This job description is intended to describe the general nature and level of work being performed in this position. It also reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be considered, as detailed description of all the work required inherent in the job. It is not an exhaustive list of responsibilities, and it is subject to changes and exceptions at the supervisors’ discretion.


e.l.f. Beauty respects your privacy. Please see our Job Applicant Privacy Notice (www.elfbeauty.com/us-job-applicant-privacy-notice) for how your personal information is used and shared.

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Average salary estimate

$172500 / YEARLY (est.)
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$160000K
$185000K

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What You Should Know About Director, Market Insights, E.L.F. BEAUTY

Join e.l.f. Beauty, Inc. as the Director, Market Insights, and become a vital part of a company that's dedicated to clean and cruelty-free beauty! This role offers an exciting opportunity for a strategic thinker who loves playing with data and narratives to influence business decisions. As the Director, you will drive actionable insights through market analysis, competitive intelligence, and shopper trends, translating complex market dynamics into simple, engaging stories. Your role will focus on synthesizing data from a variety of resources and presenting it in a way that speaks to both our strategic and tactical teams. Imagine crafting compelling presentations that guide our growth initiatives and enhance our brand standing - it’s a chance to be a storyteller and a data wizard all in one! You’ll collaborate closely with cross-functional partners, providing thought leadership and innovative insights that steer the company towards unprecedented growth. This hybrid position offers a flexible work environment where creativity and analysis come together to transform insights into strategic actions. If you're passionate about the beauty industry and eager to make a significant impact with your analytical prowess, then e.l.f. Beauty is the place to be. With a history of phenomenal growth and a culture that prioritizes employee care and growth, your journey starts here!

Frequently Asked Questions (FAQs) for Director, Market Insights Role at E.L.F. BEAUTY
What are the key responsibilities of the Director, Market Insights at e.l.f. Beauty?

The Director, Market Insights at e.l.f. Beauty is responsible for overseeing global market insights, conducting market analysis, and providing competitive intelligence. You will translate business needs into strategic roadmaps while leveraging various data sources to connect insights. Additionally, you’ll create market insights presentations, drive innovative methodologies, and collaborate with global stakeholders to promote data-driven decision-making.

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What qualifications do you need to apply for the Director, Market Insights position at e.l.f. Beauty?

To qualify for the Director, Market Insights position at e.l.f. Beauty, you should have a minimum of 10 years of experience in market analysis and data insights. A Bachelor’s degree in Market Research, Business Analytics, or a related field is required, while a Master's degree or MBA is a plus. Strong analytical, communication, and storytelling skills, along with experience with syndicated data sets are essential for success in this role.

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How does e.l.f. Beauty foster a collaborative work environment for the Director, Market Insights role?

e.l.f. Beauty encourages a collaborative work environment where the Director, Market Insights will work alongside various cross-functional teams including brand, innovation, and creative departments. This role is pivotal in surfacing insights that promote data-driven decision-making, ensuring transparency and teamwork across all levels of the organization.

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What are the growth opportunities for the Director, Market Insights at e.l.f. Beauty?

As the Director, Market Insights at e.l.f. Beauty, you'll have numerous opportunities for professional growth, from influencing strategic initiatives to leading innovative insights methodologies. With a dynamic and agile workplace, you’ll engage in projects that challenge your analytic skills and allow you to grow within the organization and the beauty industry.

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What is the compensation package for the Director, Market Insights role at e.l.f. Beauty?

The compensation package for the Director, Market Insights at e.l.f. Beauty is competitive, ranging from $160,000 to $185,000 annually. In addition to salary, e.l.f. offers benefits such as bonus eligibility, equity, flexible time off, and exciting perks like half-day Fridays, making it an attractive package that values your contributions.

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Common Interview Questions for Director, Market Insights
Can you describe your experience with market analysis as a Director, Market Insights?

In your response, focus on specific projects where you conducted market analysis. Discuss the tools you used, the results of your analysis, and how it informed strategic decisions. Highlight your ability to synthesize data from multiple sources into actionable insights.

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How do you translate complex data into compelling narratives for stakeholders?

Explain your approach to distilling data into digestible insights. Discuss techniques you use to tell stories with data, such as visual representations or concise summaries that highlight key findings and their implications for business strategy.

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What tools or methodologies have you used for data visualization?

Mention specific data visualization tools like Tableau or Power BI that you have experience with. Discuss how you've leveraged these tools to create presentations or reports that effectively communicate insights to various stakeholders.

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How do you ensure alignment between market insights and business objectives?

Talk about your method for continuous communication with different departments to ensure insights align with broader business objectives. Mention the importance of understanding stakeholder needs and incorporating their feedback into your insights.

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Can you provide an example of how you have driven data-driven decisions in past roles?

Share a specific instance where your insights led to a significant business decision or strategy change. Emphasize the impact of your analysis and how it contributed to the organization's goals, demonstrating your results-oriented approach.

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Describe your experience with competitive intelligence in the beauty industry.

Detail how you've gathered and analyzed competitive data to inform strategy within the beauty industry. Highlight how your insights influenced product development or marketing strategies.

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What challenges do you anticipate in this role and how will you address them?

Acknowledge potential challenges, such as adapting to rapidly changing market trends, and discuss your proactive strategies for staying ahead, like continuously monitoring data sources and engaging with cross-functional teams.

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How do you prioritize insights and recommendations for senior leadership?

Explain your approach to prioritization, focusing on factors like business impact, urgency, and alignment with strategic goals. Discuss how you tailor your communication for different levels of stakeholders.

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In your opinion, what emerging trends in the beauty industry are crucial for e.l.f. Beauty?

Discuss current trends such as clean beauty, inclusivity, or sustainability, and how these influence consumer behavior. Show your understanding of the industry while relating it back to how these trends can shape e.l.f.'s strategic direction.

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How do you foster a culture of insights within a team?

Discuss techniques for mentoring and collaborating with team members to encourage a culture of insights. Emphasize the importance of open communication, knowledge-sharing sessions, and celebrating data-driven wins.

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Full-time, hybrid
DATE POSTED
December 4, 2024

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