Pricing Analyst - Luxury Product

What Goes Around Comes Around; Jersey City (NJ); On-site; USD 60,000 - 90,000; Full time

Job summary

A leading company in luxury accessories is seeking a Pricing Analyst to manage pricing modifications and strategy. This role involves complex reporting, market analysis, and collaboration with the Merchandising Team to optimize pricing across various channels. The ideal candidate will have a strong understanding of the luxury market, advanced Excel skills, and be self-motivated with a creative approach to problem-solving.

Qualifications

• Bachelor’s Degree is required.
• Intermediate to advanced understanding of the luxury accessories market.
• Advanced Excel skill set required.

Responsibilities

• Responsible for creating & maintaining complex pricing reports.
• Analyze weekly & monthly metrics to provide insights.
• Coordinate repricing & retagging projects.

Skills

Analytical skills

Problem-solving

Creativity

Retail Math

Education

Bachelor’s Degree

Tools

Excel

Job description

This role is responsible for coordinating price changes from conception to execution. This role supports with the process & flow for pricing modifications (large & small), in addition to upholding the overall pricing strategy as it relates to each channel of the company. This role also will be relied on to strategize scaling the current structure based on the fundamentals of the luxury market, and the expected business growth. This candidate is expected to be involved as a chief participant as we evolve our proprietary technology as it relates to scaling pricing.

Essential Duties and Responsibilities:

· Chiefly responsible for creating & maintaining complex reporting as it relates to pricing modifications, strategy & other crucial decision-making as it relates to the WGACA price catalogue

· Analyze and report on weekly & monthly metrics, KPIs to provide insights to the Merchandising Team

· Partner with the other Merchandising Analyst to identify underperforming items and recommended repricing

· Assist coordination and execution all repricing & retagging projects in a timely manner in coordination with the Receiving Team

· Assist the Merchandise Analyst with all pricing for luxury products and price changes

Requirements

· Bachelor’s Degree

· Intermediate to advanced level of understanding of the luxury accessories market

· Advanced Excel skill set and understanding of Retail Math

· Self-motivated with demonstrated aptitude for problem solving and creativity