Product Innovation Manager

JOB DESCRIPTION

Company: Olem SK Pvt. Ltd.

Brand: Damembrane

Position: Product Innovation Manager

Location: Noida (On Site)

Experience: 6 to 8 years

Website: https://www.damembrane.com/

Job Description: We're seeking a passionate and experienced Product Innovation Manager to lead new product development, analyze consumer insights, track competitor strategies, and identify trend-driven opportunities to build a best-in-class skincare brand from the ground up.

Qualifications: B.Sc. / M.Sc./ B. Pharma / M. Pharma in Chemistry / Biochemistry / Biotechnology/ Cosmetic Science or Cosmetic Technology.

MBA in Marketing / Product Management / Brand Management.

Key Responsibilities:

Product Innovation & Development:

• Research and conceptualize skincare products like serums, sunscreens, creams, lotions etc.

• Research and suggest innovative ingredients, packaging, and clean/green beauty formulations. • Coordinate with formulators, chemists, and third-party manufacturers for product sampling and development.

• Ensure formulations align with brand positioning clean, effective, and safe.

Market & Consumer Research:

• Conduct primary & secondary research to identify target audience preferences, desires, behavior and product usage patterns.

• Study category-wise trends (e.g., Vitamin C, Retinol, Hyaluronic Acid, Peptides).

• Analyze price points, ingredient decks, packaging, and USPs of competitors.

• Research and suggest innovative ingredients, packaging, and clean/green beauty formulations.

Product Testing & Feedback:

• Organize focus groups or testing for new products.

• Analyze consumer feedback and make data-driven decisions to improve product-market fit.

Go-to-Market Strategy Support:

• Work with branding and marketing teams for positioning, naming, claims, and packaging inputs.

• Help develop launch roadmaps and timelines.

Required Skills & Experience:

• 6 to 8 years of experience in product development, market research & innovation in beauty/personal care/FMCG brands.

• Deep understanding of skincare ingredients, skincare actives (Niacinamide, Retinol, AHA/BHA, etc.) and consumer behavior.

• Ability to track market trends and translate insights into product ideas.

• Ability to conduct primary and secondary market research.

• Strong communication & vendor coordination skills.

• Familiarity with regulatory norms (FDA/AYUSH/cosmetic rules) is a plus.

How to Apply Interested candidates can send their CV and portfolio (products launched/contributed) to hr@damembrane.com