Pricing and Analytics Manager
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Job Description
Manager of Pricing and Analytics developing pricing and promotional strategies for Rugs USA. Focused on maximizing profitability and analyzing market trends in the retail sector.
Responsibilities:
- Establish and maintain a clear pricing architecture that aligns with overall merchandising and channel strategies
- Manage markdown pricing process and analysis to balance maximizing sell-through and margin on all clearance and discontinued sku’s
- Monitor product and category profitability to proactively recommend price changes to maximize revenue and profitability
- Develop reporting to monitor competitor prices and make recommendations for price adjustments based on competitor positioning
- Forecast the impact of price and promotion changes to the business and analyze the financial impact of the changes post implementation
- Collaborate with Marketing and Ecommerce teams on promotion and pricing strategies including during large holiday sales events
- Improve the sophistication of pricing analysis through the development of elasticity analysis and improved forecasting tools
Requirements:
- Bachelor degree in Business, Marketing, Economics, or related field; Advanced degree a plus
- 4 to 6 years experience working in a retail or ecommerce business with experience in pricing analysis preferred
- Excellent data analysis and analytical skills and comfort analyzing very large data sets
- Prior experience creating forecasts is required
- Expert using Microsoft Excel
- Familiar with financial and statistical analysis
- Experience with SQL, Python, or R a plus
- Comfort with data visualization and analysis software including Tableau, PowerBI, or Qlik
Benefits:
- Health insurance
- 401(k)
- Paid time off
- Employee discount
- Career advancement opportunities
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