Product Development Manager

November 23

🏄 California – Remote

Although this job is listed in California, this company may be open to hiring remote in other states.

⏳ Contract/Temporary

🟡 Mid-level

🟠 Senior

✅ Product Manager

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Formula Fig

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Beauty • Healthcare Insurance • Wellness

Formula Fig is a skincare company that provides a variety of high-tech facials and injectables designed to enhance skin health and aesthetics. The company operates through its Fig Bars, where customers can book treatments such as rejuvenating facials and medical aesthetics tailored to their skin concerns. With a focus on clean and innovative skincare, Formula Fig aims to deliver a luxury skincare experience while promoting skin wellness through their curated selection of products and treatments.

51 - 200 employees

Founded 2019

💄 Beauty

⚕️ Healthcare Insurance

🧘 Wellness

📋 Description

• Serve as the voice of the guest, translating feedback from Fig Bars and digital channels into actionable product decisions • Analyze treatment data, retail performance, and guest behavior to identify product opportunities and gaps • Define product strategy that strengthens our treatment-to-retail flywheel and membership value proposition • Establish feedback loops between Guest Concierge teams, aestheticians, to drive product development • Own the end-to-end launch of FFFormulations (March 2026), our proprietary skincare line • Manage pilot batch testing (arriving November 2025) and refinement based on team and guest feedback • Develop SKU roadmap for both professional (in-treatment) and retail products • Ensure seamless integration with treatment protocols and retail merchandising • Partner with Marketing on positioning FFFormulations as our hero differentiator • Own inventory planning across Fig Bar locations plus e-commerce, optimizing for both cash flow and revenue driving • Develop and execute open-to-buy strategy balancing owned products, exclusive partnerships, and curated third-party brands • Establish and track inventory KPIs to optimize stock levels, reduce working capital tied up in inventory, and eliminate preventable stockouts • Coordinate with location teams to align replenishment plans with seasonal trends and local sales patterns • Partner with teams to ensure product education and retail integration at every touchpoint • Collaborate with Marketing on product storytelling, launches, and content strategy • Work with Finance on margin optimization and pricing strategy • Support Brand Marketing on brand collaborations • Evaluate and onboard strategic third-party brands that complement our treatment menu and brand positioning • Lead third-party product buying decisions with a category optimization lens — balancing brand performance, margin contribution, and assortment diversity to drive overall retail profitability. • Negotiate terms, exclusives, and collaborative opportunities with partner brands • Own the internal product launch calendar for owned and collaborative SKUs, ensuring readiness across systems, packaging, inventory, and education. • Partner with eCommerce and Marketing teams to develop launch assets and positioning for DTC, retail, and third-party wholesale platforms. • Support the evolution of FFFormulations or other owned-product lines by leveraging data, trends, and guest feedback post-launch.

🎯 Requirements

• 5+ years of product development experience in beauty, skincare, wellness, or related categories. • Proven track record managing product development cycles from concept through commercialization. • Strong understanding of formulation, packaging, supply chain processes, and regulatory standards. • Experience working with both owned-brand development and third-party collaborations. • Exceptional project management, organization, and communication skills. • Passion for skincare, product innovation, and delivering differentiated guest experiences. • Background in both product development and buying/merchandising. • Experience scaling products from local to multi-market distribution.

🏖️ Benefits

• Competitive salary and benefits package • The opportunity to shape the future of a rapidly growing skincare brand • A dynamic and collaborative work environment • Continuous professional development and growth opportunities • Benefits package (vision, dental, health) • Formula Fig perks, treatment benefits, and product discounts • Total reward decisions are performance-based and reviewed throughout the calendar year.