Retail Pricing Analyst

1 month ago


Salt Lake City, United States Parkland Full time
Responsibilities:

•Analyze sales data, market trends, and competitive landscape to develop pricing strategies that maximize revenue and profitability.
•Conduct pricing simulations and scenario analyses to assess the impact of pricing changes on sales volume, margin, and overall business performance.
•Collaborate with cross-functional teams including merchandising, finance, and marketing to align pricing strategies with business objectives and promotional initiatives.
•Monitor pricing performance metrics and key performance indicators (KPIs) to evaluate the effectiveness of pricing strategies and identify areas for improvement.
•Provide insights and recommendations to senior management regarding pricing decisions, promotional campaigns, and product assortment strategies.
•Stay updated on industry trends, consumer behavior, and regulatory changes that may impact pricing decisions or market dynamics.

•Analyze sales data, market trends, and competitive landscape to develop pricing strategies that maximize revenue and profitability.
•Conduct pricing simulations and scenario analyses to assess the impact of pricing changes on sales volume, margin, and overall business performance.
•Collaborate with cross-functional teams including merchandising, finance, and marketing to align pricing strategies with business objectives and promotional initiatives.
•Monitor pricing performance metrics and key performance indicators (KPIs) to evaluate the effectiveness of pricing strategies and identify areas for improvement.
•Provide insights and recommendations to senior management regarding pricing decisions, promotional campaigns, and product assortment strategies.
•Stay updated on industry trends, consumer behavior, and regulatory changes that may impact pricing decisions or market dynamics.
•Maintain pricing models, tools, and systems to support pricing analysis, forecasting, and decision-making processes.
•Assist in the development and implementation of pricing policies, guidelines, and procedures to ensure consistency and compliance across the organization.
•Conduct ad-hoc analyses and special projects as assigned by management to support strategic initiatives and business growth objectives.
•Must meet performance expectations. Must complete all duties as assigned.
Other:
•Assignments as assigned

Qualifications:

•Bachelor's degree in business administration, Finance, Economics, or related field.
•2+ years of experience in retail pricing analysis, financial analysis, or related field. Experience in the convenience store industry is preferred.
•Proficiency in data analysis tools and software (e.g., Microsoft Excel, SQL, Tableau) with the ability to manipulate and analyze large datasets.
•Strong quantitative and analytical skills with a keen attention to detail and accuracy.
•Excellent communication skills with the ability to present complex information in a clear and concise manner.
•Ability to work collaboratively in a fast-paced environment, prioritize tasks effectively, and meet deadlines.
•Demonstrated problem-solving ability and a proactive mindset towards continuous improvement.
•Knowledge of retail pricing strategies, consumer behavior, and market dynamics.

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