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Head of Pricing Strategy

2 months ago


Lincolnshire, Illinois, United States Staples, Inc. Full time
Job Overview

Staples is a leader in the business-to-business sector, connecting customers with essential solutions.

As part of the Staples family, Quill has been a prominent name in office supplies since 1956, providing valuable services and support to ensure customer success.

Since its acquisition by Staples in 1998, Quill has been dedicated to delivering essential products and services that empower both customers and employees. Our extensive range includes everything from paper and ink to technology and custom printing, ensuring we meet diverse needs with unmatched value.

Key Responsibilities:

  • Formulate and execute a holistic pricing strategy that aligns with the organization’s goals, market conditions, and competitive environment.
  • Conduct in-depth market research and competitor evaluations to pinpoint pricing opportunities and obstacles.
  • Lead collaborative efforts across various departments, including merchandising, marketing, finance, and membership, to implement pricing strategies effectively.
  • Employ advanced analytics and pricing models to assess pricing performance and identify enhancement opportunities.
  • Initiate pricing optimization projects, utilizing data-driven insights to refine pricing frameworks, discount approaches, and promotional strategies.
  • Continuously analyze market trends, competitor activities, and customer behaviors to proactively adapt pricing strategies for optimal profitability.
  • Establish and uphold comprehensive pricing governance frameworks, policies, and procedures to ensure adherence to industry standards.
  • Implement robust pricing controls and review processes to mitigate risks associated with pricing and maintain integrity across the organization.
  • Offer strategic guidance to sales teams regarding pricing negotiations, contract renewals, and tailored pricing strategies for clients.
  • Collaborate with merchandising teams to evaluate pricing impacts of new products and features.
  • Create and maintain detailed pricing performance metrics, dashboards, and reports to monitor the success of pricing strategies.
  • Regularly update senior leadership and key stakeholders with insightful reports on pricing performance, market trends, and competitive assessments.
  • Present pricing insights and strategic recommendations to senior leadership to facilitate informed decision-making and align pricing initiatives with business objectives.

Qualifications:

  • Demonstrated success in driving revenue growth and profitability through effective pricing strategies.
  • Strong leadership skills with experience in managing and developing high-performing pricing teams.
  • Exceptional analytical abilities and proficiency in data analysis tools and pricing software.
  • Excellent communication and presentation skills, capable of conveying complex pricing concepts to varied audiences.
  • In-depth knowledge of market dynamics, pricing methodologies, and optimization techniques.
  • Strong business and financial acumen, with the ability to analyze profitability and margin metrics.
  • Detail-oriented approach with a commitment to accuracy, data integrity, and compliance.
  • Ability to work collaboratively across departments and manage multiple projects simultaneously.

Basic Qualifications:

  • Bachelor's degree in business, economics, finance, or a related discipline; advanced degree preferred.
  • Over 10 years of experience in strategic pricing management, strategy formulation, and execution, ideally in a leadership capacity.

Preferred Qualifications:

  • Hands-on experience with PowerBi, Snowflake, or Python.

Benefits:

  • Inclusive culture with associate-led Business Resource Groups.
  • Flexible PTO (22 days) and a comprehensive holiday schedule.
  • Employee discounts, 401(k) company match, wellness programs, and more.

At Staples, we are committed to fostering an inclusive environment where all employees feel valued and empowered to contribute to their fullest potential. Our dedication to inclusion drives diversity, resulting in innovative solutions that exceed customer expectations. Staples is an Equal Opportunity Employer, ensuring all qualified applicants receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other basis protected by law.