Pricing and Promotions Analyst (REMOTE)
About The Position
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.
Requirements
- Education Required: Bachelor’s Degree with 2+ years of job-related experience or 5+ years of related job experience without degree
- Highly Proficient in Microsoft Office, Tableau, Business Intelligence applications (i.e. SAP BO, Microstrategy, etc.)
- Highly organized with the ability to manage multiple projects against deadlines
- Ability to work with and analyze complex data and summarize findings into actionable processes to achieve goals
- CST/EST location, preferred
Nice To Haves
- Merchandise Planning and/or Buying/Purchasing experience preferred
- Alteryx experienced preferred
- Python and/or R experience preferred
- SQL and VBA experience preferred
Responsibilities
- 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.
- Build and utilize internal pricing and promotion models to drive value through optimization of discount spend while staying ahead of pricing trends by leveraging competitor data and commodity data
- Ensure Signet is compliant yet optimizing time on sale.
- 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
- Be a change agent and thought leader by promoting, educating and facilitating the concept of profitable revenue growth across Signet
- 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
Benefits
- Comprehensive healthcare, dental, and vision insurance to keep you and your family covered that is active on day 1 of employment
- Generous 401(k) matching after just one year to help secure your financial future
- Ample paid time off, plus seven holidays to recharge and unwind
- Exclusive discounts on premium merchandise just for you
- Dynamic Learning & Development programs to support your growth
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
