Analyst Pricing and Promotions - Zales and Banter

Signet Jewelers Limited; Ohio; Hybrid; USD 70,000 - 90,000; Full time

Job summary

Signet Jewelers Limited seeks a Pricing and Promotion Analyst to drive pricing and promotion analytics across multiple brands and channels. The role involves automating analyses of market price, promotions, and markdowns to support executive decisions and margin protection.

Collaborate with the Consumer Data & Loyalty teams to align pricing strategies with customer segmentation and category goals, while leading initiatives to optimize discount spend and maximize profitable revenue growth.

Responsibilities

• Develop and automate pricing analysis across product lifecycles by brand/channel.
• Build pricing and promotion models to optimize discount spend.
• Collaborate cross-functionally with Consumer Data & Loyalty to drive targeted marketing.
• Act as a change agent to promote profitable revenue growth.
• Lead in pricing initiatives as the lead technical resource within Pricing and Promotions.

Job description

Signet Jewelers is the world's largest retailer of diamond jewelry, operating more than 2,800 stores worldwide under the iconic brands: Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Banter by Piercing Pagoda, Rocksbox, JamesAllen.com and Diamonds Direct. We are a people-first company and this core value is at the heart of everything we do, from empowering our valued team members, to collaborating with our customers, to fostering the communities in which we live and serve. People – and the love their actions inspire – are what drive us. We’re not only proud of the love we inspire outside our walls, we’re especially proud of the diversity, inclusion and equity we’re inspiring inside. There are dynamic career paths awaiting you – rewarding opportunities to impact the lives of others and inspire love. Join us!The Pricing and Promotion Analyst will position Signet at the forefront of best-in-class Pricing and Promotion analytics, competitive positioning, and discount spend optimization. This role involves investigating and analyzing pricing and promotion strategies, competitive price positioning, and the impact of pricing across two to three Signet brands. The analyst will conduct market landscape analyses to identify opportunities for competitive price adjustments. They will collaborate with up to three Signet brands, functional teams, and organizational processes to recommend changes in price and promotions/discounts. Additionally, they will evaluate and quantify the trade-offs between protecting margins and maximizing the sell-through of markdown products.1. Develop and automate pricing analysis across the product lifecycle by brand/channel/product category/market. Source and analyze data pertaining to initial market price, promotions/discounts, and clearance. Aggregate findings and provide executive level visualizations to drive incremental sales and margin while maintaining the Brand’s Value Proposition. 30% 2. Build and utilize internal pricing and promotion models to drive value through optimization of discount spend. Stay ahead of pricing trends by leveraging competitor data and commodity data. Ensure Signet is compliant yet optimizing time on sale. 30% 3. Work cross-functionally to ensure pricing strategies incorporate consumer shopping behaviors, customer segmentation, product category strategies and other key business drivers. Advise pricing and promotion opportunities to the Consumer Data & Loyalty teams to drive targeted marketing, which maximizes top-line revenues and yields high net profits. 15% 4. Be a change agent and thought leader by promoting, educating and facilitating the concept of profitable revenue growth across Signet. 15% 5. Actively participate in key initiatives as the lead technical resource within the Pricing and Promotions team to provide subject matter expertise on data and functionality requirements. 10% Performs additional duties and projects as assigned. Consistent regular scheduled attendance is considered an essential function of this job.