Director of Commercial Pricing Strategy

2 weeks ago


New York, United States Solomon Page Full time

We are looking for a Director of Commercial Pricing Strategy for a top beauty company in New York City This role will need someone flexible to work fully on-site in NYC office. The Director will be responsible for delivering incremental gross profit through supporting the development, implementation, and evaluation of local price, promo, and assortment (pack/price) strategies to deliver competitive pricing and improving promo ROI across the Global Brands portfolio and vs competition.


Responsibilities:


  • Support the development of a price strategy by the retailer, by region (avg price at brand/format/SKU level relative to competition supported with execution guidelines).
  • Support the development of a recommendation for NPD Pricing and ‘price’ inputs
  • Support the delivery of the Price increase process.
  • Support the delivery of local pricing KPI performance tracking (price, margin, volume, market share KPIs by region).
  • Support the delivery of recommendations for the right format, pack, and price for each purchase occasion and shopper mission in every channel
  • Support the identification of white spaces in market segmentation that is currently underexploited to introduce new pack sizes
  • Support the development of retailer-specific promo guidelines by region/ retailer and channel that deliver on brand objectives, fully optimized (mechanics, depth, frequency, and execution standards) to drive improving return
  • Support the embedding of promo investment governance and as part of this manage the exception sign off process
  • Support promotional performance evaluation and action planning to inform future decision making and optimized return
  • Support the work to ensure customer contractual compliance and execution KPIs delivered
  • Support the work to make stock prioritization decisions linked to promotional volume management


Required Qualifications:


  • Experience setting and tracking price and promo ideal
  • Commercial or retail experience
  • Ability to execute a detailed plan
  • Ability to build effective working relationships cross functionally
  • Results oriented
  • Must be opened to working on-site
  • Customer focused mindset


If you meet the required qualifications and are interested in this role, please apply today.


The Solomon Page Distinction


Solomon Page offers a comprehensive benefit program for hourly employees. We pride ourselves on offering medical, dental, 401(k), direct deposit and commuter benefits to our employees, including freelancers - which sets us apart in the industries we serve.


About Solomon Page


Founded in 1990, Solomon Page is a specialty niche provider of staffing and executive search solutions across a wide array of functions and industries. The success of Solomon Page reflects an organic growth strategy supported by a highly entrepreneurial culture. Acting as a strategic partner to our clients and candidates, we focus on providing customized solutions and building long-term relationships based on trust, respect, and the consistent delivery of excellent results. For more information and additional opportunities, visit: solomonpage.com and connect with us on Facebook, and LinkedIn.


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