Sr Product Manager

3 weeks ago

Minneapolis, United States Target Full time
The pay range is $111,200.00 - $200,200.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at ;br>
About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

Pricing & Promotion Center of Excellence Target Merchandising is evolving at an incredible pace. We are constantly reimagining how this $100 billion retailer offers the innovative, guest-inspiring items that Target is known and loved for. Our goal is to deliver exceptional value, quality and style to elevate Target as the premier retailer in a competitive global marketplace. Through intelligent and progressive business strategies that make the most of Target's resources and partnerships worldwide, merchandising works across product categories to create a localized shopping experience online and in our 1800+ stores.

Product Teams at Target are accountable for the delivery of business outcomes enabled through technology and analytic products that are easy to use, easily maintained and highly reliable. Product teams have one shared backlog that is inclusive of all product, technology, discovery and design work.

Year after year, Target Guests tell us that the "great everyday prices" are the number one reason they choose Target. As the Sr Product Manager in Pricing, you will have the privilege of improving affordability for our Guests, while making prioritization decisions that routinely enter the national spotlight, as they drive economic impact and impact the competitive retail landscape. You will lead the vision, strategy, and capability development of the centralized price management capability for Enterprise. This role has ownership for both front-end and back-end development/design resulting in a flagship Ivy Price Product that serves thousands of users across the enterprise, through which you'll have an opportunity to deliver business value through multiple personas. Working in partnership with Pricing Strategy and Operations you'll evaluate current strategies, decide how to set the best price for Target using deep competitive intelligence, data science forecasting models, and adaptable financial and vendor partner guardrails. All of this will be informed through data focused evaluations and keeping the Guest at the center of decisions. You will partner with a deeply knowledgeable operations and data insights team to develop business cases that often have 9 to 10 figure financial impact and incorporate industry intelligence of shifting Guest expectations and experience in a rapidly evolving pricing solution space.

As a Senior Product Manager, you will work in the product model and will partner to develop a comprehensive product strategy, related roadmap, and set key business objectives (OKRs) for your respective product. You will need to leverage the knowledge of your product, as well as customer feedback and establish other relevant data points to assess value, develop business cases, and prioritize the direction and desired outcomes for your product. You will lead a product and work in unison with engineers, UX designers, data scientists and business partners to deliver a product.

You will be the "voice of the product" to key stakeholders to ensure that their needs are met, and that the product team is getting the direction and support that it needs to be successful. You will develop and actively understand the market, maintain a product roadmap and backlog outlining the customer themes, epics, and stories while prioritizing the backlog to focus on the highest impact work for your team and stakeholders.

You will encourage the open exchange of information and viewpoints, as well as inspire others to achieve challenging goals and high standards of performance while committing to the organization's direction. You will foster a sense of urgency to achieve goals and leverage resources to overcome unexpected obstacles, and partner with product teams across the organization to help them achieve their goals while pursuing and completing yours.

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.

About you:

  • Four-year degree or equivalent experience

  • 6+ years of product management experience or equivalent domain experience, preferably in {example, I.e. supply chain, digital, etc.)

  • Experience leading integrated business decisioning user interface applications, with demonstrated ability to prioritize between automation and human-in-the-loop interfaces

  • Understanding of merchandising lifecycle, with a focus of in-season management and price lifecycle

  • Experience with technology and ability to facilitate communication between business and technology teams

  • Experience working in an agile environment (e.g., user stories, iterative development, scrum teams, sprints, personas)

  • Demonstrated interest in business implementation in financial forecasting models and impact on business user personas

  • Ability to lead a body of work with cross-functional partners

  • Strong communication skills

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target's needs. A Hybrid/Flex for Your Day work arrangement means the team member's core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to

Application deadline is : 10/19/2024 Sr Product Manager - Pricing

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