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For Companies At a Glance
- Tasks: Lead pricing strategies and analyse data to boost profitability and performance.
- Company: Join Browns Fashion, a trendy brand in the heart of London.
- Benefits: Flexible work environment, health insurance, and a pension scheme.
- Why this job: Make an impact in luxury retail while working with data and strategy.
- Qualifications: Strong analytical skills and experience with large data sets required.
- Other info: Collaborative workspace in London's tech hub with great career growth.
The predicted salary is between 28800 - 48000 ÂŁ per year.
Established in 1970, Browns Fashion began with an iconic boutique at the heart of London. The brand was acquired by Farfetch in 2015, and today operates its flagship Browns Brook Street store in Mayfair, and the online commerce www.brownsfashion.com.
Our London office is located in Old Street, London's tech hub, and is home to a wide range of teams. Our open space is ideal for collaborative work and sharing ideas. We also have a large outdoor terrace, which is the perfect spot to have a team lunch or host events.
The role sits in the Browns Pricing & Commercial team within the Merchandising function and is responsible for effectively managing pricing & commercial strategies across all channels aligned to the business goals. The pricing & commercial strategy is critical to contributing to overall group financial targets and we are looking for an analytical & commercially minded candidate with strong attention to detail who can work crossâfunctionally to manage effective trading and profit targets.
The Pricing & Commercial Analyst will use data to identify, drive and execute pricing & commercial strategies in order to maximise profitability, support business performance and effectively manage sellâthrough and Browns inventory position. The Analyst should lead and continually seek to optimise pricing & commercial processes with the aim of developing effective and strategic models and ways of working that support achieving our targets. The ideal candidate will be analytical, commercially minded, comfortable working with large data sets and being led by data. The candidate should enjoy working both autonomously and crossâfunctionally to support the strategy set out by the Pricing & Commercial Manager.
What You'll Do
- Effectively lead, manage and execute pricing & commercial strategies set by the Pricing & Commercial Manager that support Browns & group targets.
- Analyse data to derive clear insights on performance of pricing & commercial initiatives and market price position throughout the season, to proactively suggest opportunities to support business performance through sellâthrough improvement and profitability.
- Effectively report on pricing & commercial performance with clear understanding of all metrics including market price position, profit, sellâthrough and contribution to the business.
- Proactively review and suggest optimisations for pricing & commercial processes and reports to support effective ways of working.
- Work crossâfunctionally with other analysts, buying & merchandising, procurement, data teams and operations specialists to plan and align on key focuses.
- Be the key point of contact for Browns Pricing & Commercial strategies and support the Manager on adâhoc requests.
Who You Are
- Confident working with large, complex data sets.
- Analytical and able to derive clear insights and strategic actions from data.
- Commercially minded, and knowledge of luxury or fashion retail is a plus.
- Advanced Excel skills with SQL/Big Query experience; Looker/Power BI knowledge is a plus.
- Strong problemâsolver with effective optimisation skills.
- A selfâstarter with the ability to proactively manage workload successfully, organised and methodical, with strong attention to detail.
- Agile and able to work successfully in fastâpaced environments that contain ambiguity.
Rewards & Benefits
- Employee Pension Scheme.
- Flexible Benefits Program.
- Health Insurance & Critical Illness cover.
- Flexible work environment (3 days a week in office, 2 days WFH).
Pricing & Commercial Analyst in London employer: Farfetch
Contact Detail:
Farfetch Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Pricing & Commercial Analyst in London
â¨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Browns Fashion. A friendly chat can open doors and give you insights that a job description just can't.
â¨Tip Number 2
Prepare for interviews by diving deep into pricing strategies and commercial analysis. Brush up on your Excel skills and be ready to discuss how you can optimise processes. Show them you're the analytical whiz they need!
â¨Tip Number 3
Donât just apply; engage! When you submit your application through our website, follow up with a quick email expressing your enthusiasm. It shows initiative and keeps you on their radar.
â¨Tip Number 4
Stay updated on market trends in luxury fashion. Being knowledgeable about the latest pricing strategies and commercial initiatives will set you apart and demonstrate your passion for the role.
We think you need these skills to ace Pricing & Commercial Analyst in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Pricing & Commercial Analyst role. Highlight your analytical skills and experience with data, as well as any relevant knowledge of the luxury or fashion retail sector. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our needs. Be sure to mention your problem-solving abilities and your comfort with large data sets.
Showcase Your Data Skills: Since this role involves working with complex data, make sure to showcase your advanced Excel skills and any experience with SQL or data visualisation tools like Looker or Power BI. We love seeing candidates who are data-driven!
Apply Through Our Website: Don't forget to apply through our official careers website! This ensures your application gets to us directly and helps streamline the process. We can't wait to see what you bring to the table!
How to prepare for a job interview at Farfetch
â¨Know Your Numbers
As a Pricing & Commercial Analyst, you'll be working with large data sets. Brush up on your analytical skills and be prepared to discuss how you've used data to drive decisions in the past. Bring examples of how you've optimised pricing strategies or improved profitability through data analysis.
â¨Understand the Brand
Familiarise yourself with Browns Fashion and its position within the luxury retail market. Research their pricing strategies and recent initiatives. Showing that you understand their brand ethos and how it aligns with your analytical approach will impress the interviewers.
â¨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to analyse data and suggest pricing strategies. Think about how you would approach these situations and be ready to articulate your thought process clearly.
â¨Show Your Collaborative Spirit
This role requires cross-functional teamwork. Be ready to discuss your experience working with different teams, such as buying, merchandising, and operations. Highlight any successful projects where collaboration led to improved outcomes, showcasing your ability to work well in a team environment.