Full-Time

Associate Product Manager

Confirmed live in the last 24 hours

CarMax

CarMax

10,001+ employees

Retailer of used cars with no-haggle pricing

No salary listed

Entry, Junior

Remote in USA

Remote position, but candidates must be within a certain distance from the Richmond, Virginia office.

Category
Product Management
Product
Required Skills
Product Management
Data Analysis
Requirements
  • Undergraduate degree in relevant field, or 1-2 years of experience working in Product or related field, including adjacent business areas within CarMax
Responsibilities
  • Discovers and develops products and services that transform the car shopping, buying, and owning experience for our customers and drives business value
  • Lead ongoing, immersive customer discovery to understand behaviors, motivations, problems, and opportunities across the customer journey
  • Develop hypotheses and rapidly iterate on prototypes to validate the right solutions
  • Assess the feasibility of solutions, prioritize opportunities, and work with a cross-functional, technically oriented team to develop and scale unique solutions to complex problems
  • Set direction and goals based on quantitative data, qualitative insights, and strong business acumen, in collaboration with business leaders and stakeholders
  • Stay on top of industry trends and best practices to continuously improve what we do and ensure a great customer experience
Desired Qualifications
  • Passionate about leveraging technology to power the customer experience
  • Able to motivate and inspire team members, peers and stakeholders
  • Analytical; loves to solve problems
  • Innovative; thinks beyond boundaries, curious
  • Flexible and open-minded; proactively seeks input from others
  • Exceptional organization and results focus, self-directed leader
  • Entrepreneurial drive and spirit; enjoys working in a fast-paced environment

CarMax is a leading retailer in the used car market in the United States, known for its no-haggle pricing system that simplifies the buying process for customers. The company buys used cars, reconditions them, and sells them at competitive prices, while also offering financing options and extended service plans. CarMax stands out from competitors by prioritizing transparency and trust, as well as focusing on employee well-being through benefits and military hiring. Their goal is to continuously enhance their services and maintain their position as the largest retailer of used cars in the U.S.

Company Size

10,001+

Company Stage

IPO

Headquarters

Richmond, Virginia

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for EVs allows CarMax to expand inventory and attract eco-conscious buyers.
  • CarMax's digital presence aligns with the rise of online car buying platforms.
  • AI integration, like virtual assistant Skye, enhances customer interaction and satisfaction.

What critics are saying

  • Competition from online-only platforms like Vroom and Carvana could erode CarMax's market share.
  • Economic downturns may decrease consumer spending on used cars, impacting sales.
  • Fluctuations in used car prices could affect CarMax's profit margins.

What makes CarMax unique

  • CarMax offers a no-haggle pricing system, ensuring stress-free transactions for customers.
  • The company integrates technology, allowing online browsing, appraisals, and purchases.
  • CarMax's commitment to employee well-being ensures a motivated and dedicated workforce.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Professional Development Budget

Flexible Work Hours

Company News

Stockhouse
Feb 19th, 2025
ANGEL CITY FOOTBALL CLUB ANNOUNCES NEW PARTNERSHIP WITH CARMAX

CarMax is also a multi-year partner with the National Women's Soccer League (NWSL) and is the presenting partner of the NWSL Shield, awarded to the club with the best record at the conclusion of the regular season and committed their investment toward increasing Shield bonuses the last three years.

MarketBeat
Feb 18th, 2025
Hickory Asset Management Inc. Makes New Investment in CarMax, Inc. (NYSE:KMX)

Hickory Asset Management Inc. makes new Investment in CarMax, Inc. (NYSE:KMX).

Forbes
Jan 3rd, 2025
CarMax's Virtual Assistant, Skye, Balances Tech With A Human Touch

As an early use case, CarMax partnered with Carnegie Mellon University and other experts to explore how conversational agents could assist customers before and during a test drive.

DMG Energy
Dec 27th, 2024
Why Is CarMax, Inc. (KMX) Among the Best Car Repair Stocks to Invest In Now?

Why is CarMax, Inc. (KMX) among the Best Car Repair Stocks to Invest In now?

MarketBeat
Dec 11th, 2024
Neo Ivy Capital Management Makes New Investment in CarMax, Inc. (NYSE:KMX)

Neo Ivy Capital Management makes new investment in CarMax, Inc. (NYSE:KMX).