Pricing Analyst

3 days ago


Walsall, Walsall, United Kingdom Riseresourcing Full time

About the Role:

Riseresourcing is seeking an experienced Pricing Analyst to join our Commercial team in the Midlands or South Wales office. As a key member of the Pricing team, you will play a crucial role in developing and refining pricing strategies to optimize category performance and market position.

Key Responsibilities:

  1. Create, refine, and measure commercial strategies for pricing and promotional campaigns.
  2. Analyze and track category sales and margin performance.
  3. Monitor key competitor in-store pricing and recommend price adjustments to ensure continuous competitiveness.
  4. Understand the impact of price changes on basket/transaction trends, sales, and margin performance, as well as the impact on wider business metrics.
  5. Review data to build insightful and actionable pricing recommendations to drive and increase profitability.
  6. Stay up-to-date with market changes, industry pressures, inflation, trends, and other factors to inform wider pricing decisions.
  7. Responsible for updating and maintaining various databases and systems.
  8. Support with ad-hoc pricing and promotional initiatives and projects for the commercial team.

Requirements:

  1. Previous experience in pricing or data analysis within a retail environment.
  2. Strong commercial awareness and understanding of promotions management.
  3. Highly numerate, with proven ability to manipulate and analyze data to resolve commercial issues.
  4. Strong IT skills with a good understanding of MS Office and advanced Excel.


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