Marketplace New Business Development Manager | Acquisition

Target Target · Retail · Minneapolis, MN

The Marketplace New Business Development Manager, Acquisition for Target+ Marketplace is responsible for identifying and developing new business partnerships with brands, vendors, and retailers to expand the Marketplace's assortment. This role involves executing acquisition strategies, building relationships with potential partners, and collaborating cross-functionally to enhance the digital guest experience.

What you'd actually do

  1. Collaborate closely with Marketplace Guest Assortment Strategy to identify assortment gaps and target potential partners to complement the Target assortment.
  2. Execute strategies for new partner acquisition, sourcing potential partners through competitive analysis and industry insights.
  3. Build relationships with new DTC brands, vendors, and retailers to meet acquisition targets and expand Marketplace offerings.
  4. Communicate the value and operational expectations of the Target+ platform to prospective partners, aligning on terms and requirements for successful partnerships.
  5. Partner cross-functionally with teams across Merchandising, Operations, Marketing, Site Merchandising, and Retail Media to enhance the Target digital guest experience.

Skills

Required

  • Bachelor’s degree or equivalent experience
  • 3+ years of experience in digital sales, business development, or merchandising
  • Experience negotiating complex business agreements
  • Strong relationship-building and communication skills
  • Ability to analyze and respond to market data, trends, and guest insights

Nice to have

  • Experience with corporate contracting and knowledge of basic legal, operational, and financial terms
  • Experience building and managing a wide pipeline of external prospective vendors / business partners
  • Familiarity with digital marketplaces and an understanding of the DTC landscape
  • Experience in a project management or operational excellence roles