Role Purpose
As the Pricing & Promotion Effectiveness Manager, your main objective is to ensure price competitiveness and optimize promotional programs to enhance the value-for-money perception of MAF while maximizing profitability.
Role Profile
Strategic Development
- Lead the creation of pricing and promotional strategies for various formats (Hypermarket, Supermarket, Convenience, Online) in alignment with their Customer Value Proposition (CVP).
- Collaborate with the leadership team to establish overall and category annual objectives.
Performance Transparency and Engagement
- Foster transparency in our price competitiveness and promotional effectiveness.
- Engage stakeholders and the leadership team to align on actions addressing performance gaps.
Competitive Analysis
- Develop a competitor price check plan based on needs and budget.
- Manage the price check service provider to ensure timely, quality insights.
- Collect competitor promotion intelligence (e.g., flyer checks).
Capability Development
- Enhance price and promotion management capabilities through tools and processes.
- Define functional requirements for pricing tools and collaborate with partners to implement solutions leveraging advanced analytics and data-driven insights for dynamic pricing optimization.
Daily Pricing Activities
- Oversee daily pricing tasks with the price and promotion team, including preparing and cleaning price data.
- Develop price recommendations based on agreed-upon rules and work with merchants to ensure timely actions to improve price positioning.
Weekly Promotional Activities
- Coordinate with merchants to plan more effective promotions promptly.
- Work with store operations to ensure the timely and proper execution of promotional events.
Team Leadership
- Build and lead the price and promotion team.
- Manage and develop team members to enhance their capabilities and performance.
Requirements
- A bachelor’s degree in management or an MBA in the same field is advantageous.
- 3-5 years of experience, ideally in retail, FMCG, or an analytical managerial role.
- Full professional proficiency in English is required.
- Strong people management skills: leading and developing a team and enhancing their capabilities.
- Expertise in pricing, project management, and promotion management.
What We Offer
At Majid Al Futtaim, we aim to create unforgettable moments, spread happiness, and build experiences that last a lifetime. Over the past 27 years, we have earned a reputation as a regional market leader. Join us and be a part of our exciting journey!
- Flexibility to work from any country worldwide for up to 30 days a year.
- A friendly work environment where positive vibes and excitement about our future are shared by everyone.
- Collaboration with over 50,000 diverse and talented colleagues, all guided by our Leadership Model.