Pricing Strategist

Bachman's Inc; Minneapolis (MN); On-site; USD 80,000 - 90,000; Full time

Benefits offered by this job

Employee Discount

Medical Insurance

Dental Insurance

Vision

Life and AD&D

Disability, Accident, Critical Illness

401(K)

ID Watchdog

Pet Insurance

Wellness

Employee Assistance Program (EAP)

PTO

Paid Holidays (6/year)

Job summary

Bachman's is seeking a Pricing Strategist in Minneapolis, MN to lead pricing frameworks and strategies across in-store and e-commerce channels. You will work with Category Managers and Merchants to optimize pricing for new products and assortments, aiming to meet margin goals.

The role requires data-driven decision making, strong retail math skills, and the ability to influence stakeholders with clear analyses. This position offers growth opportunities within a merchandising-focused team.

Qualifications

• Bachelor's degree or equivalent experience in business/finance/economics/analytics.
• 5+ years in retail pricing, merchandise planning, merchandising analytics or buying with direct ownership of pricing or markdown decisions.
• Strong command of retail math: IMU, gross margin, markdown rate, sell-through, ASP and margin mix.
• Track record of turning analysis into recommendations that merchants acted on with measurable margin results.
• Confidence to influence peers and leaders without authority, and to push back with data.
• Clear communicator who can present findings simply to merchants, store leaders and executives.

Responsibilities

• Develop and maintain pricing strategies, including price points, price ladders, and category pricing structure.
• Partner with Category Managers and Merchants to set pricing for new products and assortments while meeting margin goals.
• Conduct seasonal pricing reviews and recommend targeted retail price adjustments.
• Establish and manage pricing guidelines across stores, grocery, and e-commerce channels.
• Lead markdown and clearance strategies, forecasting sales, margin, and inventory impacts.
• Create markdown programs for live plants and floral products to balance sell-through and shrink.
• Evaluate promotional performance and recommend future pricing and promotional actions.
• Monitor competitor pricing and maintain competitive pricing on key value items.
• Track, analyze, and report pricing and margin performance through recurring scorecards and KPI reporting.
• Analyze price elasticity, product mix, and pricing trends to identify margin improvement opportunities.
• Assess the financial impact of pricing decisions before implementation and measure results afterward.
• Manage the price change process, including approvals, system updates, effective dates, and communication.
• Partner with store teams to ensure accurate execution of price changes and signage compliance.
• Maintain pricing policies, procedures, and documentation to ensure consistent pricing decisions across the organization.
• Perform other duties as assigned.

Skills

Retail pricing

Pricing analytics

Data-driven decisions

Influence without authority

Communication

Education

Bachelor's degree in business/finance/economics/analytics

Tools

Excel

Job description

Pricing Strategist Minneapolis, MN

Bachman's is committed to creating a caring environment while inspiring a passion for bringing beauty to life.

Join Bachman's as a Pricing Strategist and play a key role in shaping pricing strategies that drive growth and profitability. As the merchandising team's pricing expert, you'll turn data into action by building pricing frameworks, evaluating market trends, and recommending pricing, promotion, and markdown strategies that deliver results.

If you're analytical, strategic, and energized by influencing key decisions, this is your opportunity to make a measurable impact.

Position Duties

• Develop and maintain pricing strategies, including price points, price ladders, and category pricing structure.
• Partner with Category Managers and Merchants to set pricing for new products and assortments while meeting margin goals.
• Conduct seasonal pricing reviews and recommend targeted retail price adjustments.
• Establish and manage pricing guidelines across stores, grocery, and e-commerce channels.
• Lead markdown and clearance strategies, forecasting sales, margin, and inventory impacts.
• Create markdown programs for live plants and floral products to balance sell-through and shrink.
• Evaluate promotional performance and recommend future pricing and promotional actions.
• Monitor competitor pricing and maintain competitive pricing on key value items.
• Track, analyze, and report pricing and margin performance through recurring scorecards and KPI reporting.
• Analyze price elasticity, product mix, and pricing trends to identify margin improvement opportunities.
• Assess the financial impact of pricing decisions before implementation and measure results afterward.
• Manage the price change process, including approvals, system updates, effective dates, and communication.
• Partner with store teams to ensure accurate execution of price changes and signage compliance.
• Maintain pricing policies, procedures, and documentation to ensure consistent pricing decisions across the organization.
• Perform other duties as assigned.

Qualifications

• Bachelor's degree in business, finance, economics, analytics or a related field, or equivalent experience.
• 5+ years in retail pricing, merchandise planning, merchandising analytics or buying, with direct ownership of pricing or markdown decisions.
• Strong command of retail math: IMU, gross margin, markdown rate, sell-through, ASP and margin mix.
• Track record of turning analysis into recommendations that merchants acted on, with measurable margin results.
• Confidence to influence peers and leaders without authority, and to push back with data.
• Clear communicator who can present findings simply to merchants, store leaders and executives.

Benefits

• Employee Discount
• Medical Insurance
• Dental Insurance
• Vision
• Life and AD&D
• Disability, Accident, Critical Illness Insurance
• 401(K)
• ID Watchdog
• Pet Insurance
• Wellness
• Employee Assistance Program (EAP)
• PTO
• Paid Holidays (6/year)

Compensation

$80-$90k

Don't settle, come grow with us!

Bachman's is an Equal Opportunity Employer