Job Description
Exciting opportunity for a Pricing Analyst to join a leading retailer that sells a range products throughout stores and online.
This is an exciting opportunity to support the Trading Teams to strengthen our competitive position and optimise product margins. Develop and maintain business relationships with Category Managers and Buyers, merchandising, Online ecommerce teams, store operations etc. Develop and test pricing strategies with the local market in mind with the aim to make them the preferred local choice.
MAIN DUTIES AND RESPONSIBILITIES
● Develop and test pricing strategies in partnership with the category teams to optimise our local competitive position and maximise margins
● Monitor key competitor in-store pricing and recommend price adjustments to ensure they stay competitive.
● Utilise software tools to monitor online competitor pricing and recommend changes to the category and ecommerce teams
● Develop a calendar of range pricing reviews to ensure all categories are regularly checked against local market pricing.
● In partnership with merchandising monitor sell through of end-of-line and discontinued products and adjust pricing accordingly.
● Working with the Head of Trading, develop and maintain a reporting suite to monitor price movement across the business.
● Be aware of the local calendar of events and develop tests to increase footfall and conversion.
● Maintain multiple databases and systems.
● Contribute to the improving processes and efficiencies.
● Work closely with key stakeholders including (Merchandising, Visual Merchandising and Operations teams).
● Keep on top of marketing critical paths and promotional calendars.
● Ad hoc initiatives and projects as required to increase the knowledge of the Buying and Merchandising teams.
WHAT WE WOULD LIKE TO SEE IN YOU
● Strong multi-tasking skills
● Previous experience working in a data based environment is key
● Attention to detail with an analytical eye
● Time & project management
● Problem-solving and initiative
● Good communicator with a Sense of Humour
● Adept at working in a fast paced retail environment
● Strong team player
● Analytical, strategic and creative thinking skills (able to think ‘out of the box’)
● You will need to be well organised and a confident communicator
● A quick, pragmatic and efficient approach to work
● A can-do attitude – prepared to go that extra mile
● A thorough approach and excellent eye for detail in every task undertaken
● Quick to gain a good understanding of the product the brand values
● Good G-Suite knowledge or MS Office skills essential