Sr. Product Manager, Discovery

About Us:

Rent the Runway (RTR)  is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

About the Team:

The RTR product team is data-driven, experimental, iterative, and customer-obsessed. We're a first mover, creating our category, energized by driving new behaviors, and are constantly looking for ways to reach new customers. We embody RTR’s core values - thinking of ourselves as founders, dreaming big, being scrappy but not crappy, fostering debate and honest conversations and bringing our authentic selves to work every day.

About the Role: 

As a Senior Product Manager for Discovery you will be responsible for creating inspirational and efficient experiences that help RTR’s customers find styles to rent or buy. You will operate at the intersection of business, technology, and user experience to deliver functionality that helps acquire and retain customers. You will push the envelope and drive innovative enhancements to our desktop, mobile web, and app experiences. You will develop a data-driven product strategy to hit ambitious goals making it easier for our customers to find exciting styles to rent month after month. In partnership with our Engineering, Machine Learning, Design, Revenue, Site Merchandising, Fashion, Inventory, and Marketing teams, you will execute against the strategy and test, learn and iterate to deliver the best outcomes.  

What You’ll Do:

• You will act as a thought leader with a POV on how to improve experiences for how our customers discover fashion and foster a team culture that celebrates that great ideas can come from anywhere
• Define Discovery goals and strategies to achieve them. Partner with Revenue to constantly monitor real-time changes to product and business performance and provide recommendations when we need to pivot or double down on what’s working
• Own a roadmap of hypothesis-driven big bets and steady improvements to reduce the time/effort to find styles for each shipment using analytics, qualitative user behavior data, and quantitative user feedback
• Partner with Product Design, Engineering, Machine Learning & Site Merchandising to create discovery experiences that are delightful, innovative, functional, and personalized that help our customers find exciting styles to rent now or save for later 
• Collaborate with the Machine Learning team to leverage ML and AI techniques to improve recommendation algorithms and other personalized discovery experiences.
• Lead a product squad from product discovery to delivery to identify the highest impact work and way to deliver iteratively.  Guide team to constantly test and learn leveraging A/B testing and qual/quant research and analysis 

About You:

• Bachelor’s Degree and 5+ years experience; ideal candidate has been in a Sr Product role at an e-commerce company. 
• Has experience successfully driving search & discovery and/or personalization strategies. 
• Relationship builder who collaborates and engages well with stakeholders. Works to understand their objectives and earns their trust by proactively engaging them in the product process, bringing creative solutions to the table, and leading discussions around new learnings and strategies.
• Insights and data-driven. Passionate about unlocking new learnings and has experience leveraging Data Science & self-service analytics tools to make decisions (Heap, Looker, Google Analytics).
• Highly organized leader & strong communicator with the ability to drive results and keep their team motivated and accountable. 
• Both a strategic thinker and a roll-up-your-sleeves operator.
• Obsessed with knowing your customer and empathizing with their pain points, dreams and aspirations. 

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:

• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program  - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts -  to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Hybrid Work - our corporate employees have the option to work remotely 2 days a week, in accordance with Company policies.

COVID-19 VACCINE REQUIREMENT:

RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons.  If you believe that you may require an accommodation, please apply for any roles that interest you and if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy and applicable law.   

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

The anticipated base salary for this position is $138,000 - $173,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held. This position is also eligible for equity compensation.