Pricing Manager
4 weeks ago
You will be part of a team responsible for full assortment price trading. This role will work closely with the ASOS AI team, setting up and helping to support analysis of Price Elasticity Modelling. You will also be responsible for supporting in the understanding and analysis of the ROI of various reprice logics, proposing strategies to optimise pricing investments across our FC Hub zones. This includes proposing, adjusting and reporting on our pricing performance and operating model. You will work closely with the Retail and Territory managers and planning teams to interpret and coordinate analysis from price tests and pricing initiatives to support the overarching direction of the clearance approach.
What you’ll be doing…
- Manage the end-to-end Clearance process, from sign off to implementation. Working closely with our Planning, Finance, Retail & Territory teams to ensure the best stock selection is targeted for each event alongside the principles of the Operating model.
- Laser focus on proactive trading of Clearance, ensuring KPIs are delivered consistently. Trading consists of managing further markdowns, rolling discount events and understanding seasonal & territory nuances.
- Manage the weekly process of global price recommendations, collaborating with Planning, Commercial and Tech teams to select stock and depth to drive sell through.
- Supporting and working with the AI team in the understanding of the Data problems that we are trying to solve through price investment
- Assessing the clearance strategy and proposing iterations to drive the overall strategic objectives and Kpis supporting the operating model
- Manage end to end sign off process of sale periods and trading calendar, responsible for margin and TRM management..
- Upskill to become proficient at SQL, data analytics and key principles within data science modelling.
- Manage key stakeholders within the business across commercial and product.
- Build knowledge and understanding of how Price Investment through reprice delivers return on investment.
- Oversee the management of price change execution process end to end working with the tech teams to establish best practice processes.
- Communicate analysis and recommendations from initiatives to wider Pricing team and key internal stakeholders
- Help support the creation and on-going distribution of consolidated weekly and monthly reporting for price trading initiatives across key customer and business metrics to be shared with wider business
- Be a member of a wider pricing team supporting the development of a wider pricing team
Qualifications
We’d love to meet someone who…
- Previous experience of working in either a Pricing or Merchandising role, at a minimum of an Assistant Merchandiser Level
- Experience of proposing and modelling price strategies, Promotion & Clearance, alongside evaluating the success of a number of pricing initiatives on various business KPIs
- You are energetic and like working at fast pace, whilst having a passion for interpreting data to solve problems
- High organisation skills, able to use initiative and to work in pressurised environment
- Excellent verbal communication skills, with the ability to communicate clearly, effectively and appropriately with colleagues, across all levels within the business
- Keen attention to detail
- Computer literate and able to use both Excel and Powerpoint applications to an intermediate/advanced level
- High numerical competency
- Flexible, self-motivated and enthusiastic and a team player
Additional Information
What's in it for you...
- Competitive salary, pension, and private medical care scheme
- Performance related bonus
- Flex benefits allowance - which you can chose to take as extra cash, or use towards other benefits
- 25 days paid annual leave + a celebration day
- Employee discount (hello ASOS discount)
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