Commercial Marketing Manager - Bakery & Coffee
Location: London (Hybrid)
Salary: cGBP35-50,000
Our Client is a global retail business and in 2024 will be growing their Commercial teams with high calibre individuals seeking a career with a dynamic brands focussed organisation. We'd love to talk with you if you have relevant skills to fulfil the following brief
You will create and execute the commercial plan for a brand or small portfolio of brands within a category e.g. Casual Dining & Bars, Coffee & Bakery, Retail, to deliver EBITDA growth from like-for-like sales and gross margin improvement activity.
The role holder will be expected to use a variety of levers to drive like-for-like sales growth, such as range improvement, optimisation of price and promotion, upselling and maximisation of the use of space, and will drive category performance e.g. hot drinks, as well as the performance of the brand or brands.
You will use a range of tools and approaches to achieve gross margin improvement: working with stakeholders to identify and take advantage of supplier income opportunities; drawing upon the expertise of the culinary team to simplify and standardise recipes or develop new ones; and finding ways to reduce the impact that commercial activity has on waste and labour.
This role requires a rigorous and thorough commercial planning process and all commercial activity must be margin additive, hence this role will present regularly to the UK and Global CEOs and other senior stakeholders, and plans must stand up to scrutiny, demonstrating that due rigour has been applied.
Success in this role is highly dependent on an effective relationship with the operational teams so that commercial initiatives must be designed with a good understanding of operational processes (including procurement and supply chain) and the impact on front line activity, and in order to support the teams on compliance.
The Commercial Manager may also need to manage external stakeholders in order to ensure that the organisation achieves its commercial outcomes whilst satisfying the requirements of the client and brand partners that they work with.
The role:
The commercial performance of the brand or a small portfolio of brands and new openings (LFL sales and gross profit) - deliver stretch EBITDA target
Commercial plan - support the Head of Commercial to create the commercial plan for each of the specified brand or brands
Analytics - ensure that every initiative is modelled on a product by product / unit by unit basis and forecast outcomes. Test and learn based on the commercial results
Sign off - submit proposed sales and gross margin improvement activities to weekly trade / monthly commercial forum meetings for approval (background, financial value and suggested next steps)
Preparation of marketing briefs to access marketing services - marketing services such as NPD, creative design, marketing planning and brand development are provided by the Group Marketing function. The Commercial Manager will access these services by submitting a marketing brief articulating identified opportunity to generate improved sales or margin, specifying desired outcomes and proposing strategies for development
Implementation - once activity is signed off, total accountability for the successful implementation through operational teams
Review - report results at weekly trade and monthly commercial forum meetings. Assess whether forecast has been achieved and EBITDA can be banked. Course correct where necessary
Roll out - if successful, roll out and look for optimisation opportunities either in other brands or in other product categories where the same principles can be applied
New openings - manage the commercial set up for new openings including range, pricing, POS. Deliver action plans to drive sales and profit if business cases are not delivering to target
Monitor competitor and brand partner activity
Spend time in the field- observing and supporting implementation in operational units
Effective management of Commercial Executives who implement the commercial plan where required.
Proactively looks for ways to optimise results and stay competitive with our competitors
The person:
Degree educated or equivalent in relevant Marketing / Commercial based subject area
Progressive Commercial Marketing roles withing FMCG, Retail or Hospitality
Excellent knowledge of external trends in the food and beverage and/or grocery industry (depending on brands allocated)
Experience of using price, range, display and space, upselling, margin and category optimisation to deliver commercial results
Experience of delivering profit targets preferred, but experience of working in a sales environment also desirable
Must be able to drive decision-making through analysis and based on evidence, rather than intuition
Experience of drawing out business insights from analysis and presenting findings and recommendations persuasively
Must be able to develop innovative ideas to drive top and bottom line, testing, learning and refining and then operationalizing them
Experience of managing and influencing senior stakeholders
Experience of managing client relationships
Good understanding of the impact of external factors on growth, including competition and seasonality
Good understanding of the operational reality in units i.e. a good understanding of waste management and minimisation, labour planning and optimisation, equipment, space and layout etc.
Analytical and commercial
Exceptional attention to detail
Data-driven
Ability to focus effort on most profitable outcome
Innovative and bold - able to find new ways of doing things, challenge the status quo, take an entrepreneurial approach (measured risk, high reward)
Ability to build and work to a solid plan to achieve margin but not afraid to adapt to changes to take advantage of opportunities and quick wins as they arise
Working at pace
To apply please email your CV