Private Brands Pricing Analyst

Socket.dev; Tallmadge (OH); Hybrid; USD 55,000 - 75,000; Full time

Job summary

Summit Racing Equipment is seeking a Pricing Analyst to monitor sales, inventory, and costs for Private Brands. You will help set competitive pricing and protect margins while improving inventory turns, with initial training on-site and later a hybrid schedule in Ohio.

The role requires a two-year degree in Marketing/Advertising/Business and strong skills in pricing analysis, margin management, and Excel-based analysis. Automotive knowledge is beneficial for grasping product hierarchies.

Qualifications

• Two-year college degree in Marketing, Advertising, or Business preferred.
• Experience in consumer and B2B pricing with analytical mindset encouraged.
• Proficient in margin, cost/sales relationships, and industry best practices.

Responsibilities

• Conduct proactive pricing analysis to stay competitive while protecting margins.
• Perform competitive retail analysis and adjust pricing with cost changes.
• Analyze product categories to align pricing with offering hierarchy.
• Maintain balance between sales, profit, and gross margin growth.
• Communicate opportunities and challenges with purchasing and merchandising.

Skills

Pricing analysis

Margin management

Cost/sales analysis

Forecasting

Microsoft Excel

Project coordination

Education

Two-year college degree in Marketing/Advertising/Business

Tools

Microsoft Excel

Microsoft Office

Job description

SUMMARY

The role of Pricing Analyst for Private Brands is unique from other SRE Pricing roles because we are the manufacturer and we are setting our own price. This role will help monitor sales, inventory and cost changes to help manage the business. Summit Racing Private Brand has enough SKUS and price volatility that we need a dedicated person for the department to help ensure competitive pricing while protecting margin and helping improve inventory turns.

Initial training will be 100% on-site. After training period, this will be a hybrid position with minimum 3 days on-site (Tuesday, Wednesday, Thursday).

Candidates must be located in OH to be considered.

ESSENTIAL DUTIES AND RESPONSIBILITIES (includes other duties as assigned):

• Conduct proactive pricing analysis to ensure Summit Racing Equipment is competitive whilemaintainingthehighest margins that the marketplace will allow.Executecorporate and department pricing strategies.
• Conduct competitiveretail analysis,execute retail changes relating tovendor cost changes, and adapt as pricing strategy evolves.
• Analyze part types and product categories to make sure our pricing structure matches product offering hierarchy of good-better-best or similar variables.
• Maintain balance between sales, profit, and gross margin growth for the company
• Communicate opportunities and challenges within the department to aid in inventory alignment and sales opportunities. Work cooperatively with Purchasing and Merchandising.

EDUCATION and/or EXPERIENCE

• A two-year college degree in Marketing, Advertising, or Businessispreferred. Related experience, preferably inboth consumer and Business-to-Business, witha track recordof creative/forward thinkingand analysis. Must be fluent in calculations of margin, grossprofitand cost/sales relationship. Must be current on industry best practices and adaptable to new or emerging tools and technology.
• Project management experience, use of spreadsheets,i.e.Microsoft Office products.
• Automotive knowledge or mechanical aptitude in a related field is beneficial.

The Team Member Experience:

We work together to take care of our customers, our communities, and each other. When you join the team, you’ll enjoy a positive, productive atmosphere where people truly believe in what they are doing. If you’re passionate about providing the best experience possible to our customers and to your fellow team members, you’re in the right place.

If you are an individual with a disability and need assistance interacting with our career site, please contact us by calling [phone] option 2 for Human Resources.

Summit Racing Equipment and its entities provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.