Commercial Pricing Analyst
3 weeks ago
This is a critical position within the services team, working closely with all members and wider squads to maximize performance through pricing of our Fulfilment services across all channels. The role holder will be responsible for setting and enacting the pricing strategy across Fulfilment services, such as Delivery, Installation, and Recycling products across all channels.
The successful candidate will execute pricing for these Fulfilment Services, ensuring a thorough understanding of elasticity and incrementality for any changes planned, and that margin is optimized, with the proposed changes competitive versus relevant market competition.
The role requires strong commercial judgement and decision-making, with the ability to effectively prioritize activity and ensure that decisions are made and communicated in a timely manner.
Key Responsibilities:
- Develop and maintain an effective pricing strategy for all defined Fulfilment services, to achieve key performance targets and KPIs.
- Utilize all available data to make data-driven decisions to influence ongoing pricing initiatives.
- Work closely with Commercial Finance, Business Intelligence, and Analytics, and Category Squads to review the performance of our Fulfilment services, identifying changing trends in costs, pricing, and customer engagement.
- Support the Senior Pricing and Promotions Manager to ensure that our pricing strategy is aligned to the business' marketing plans and will deliver clear profitability improvements and support achieving targets and KPIs.
Requirements:
- Experience within a commercial or performance driving environment, preferably driving performance within a commercial/category management trading role.
- Good knowledge of adjacent markets and competitors (Retail, Services, and Technology).
- Experience working within a Financial Services organization, FMCG, or retailer, and experience of commercial and operating models.
- Strong commercial and financial acumen, with analytical skills that will help make effective changes to pricing and the pricing strategy.
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