At a Glance
- Tasks: Lead and execute pricing strategies to maximise profitability and support business performance.
- Company: Join Browns Fashion, a leading luxury retailer in the heart of London.
- Benefits: Enjoy flexible work options, health insurance, and a vibrant office environment.
- Other info: Collaborative culture with opportunities for growth in a fast-paced environment.
- Why this job: Make an impact in the fashion industry with data-driven insights and strategies.
- Qualifications: Strong analytical skills, experience with large data sets, and advanced Excel knowledge.
The predicted salary is between 36000 - 60000 £ 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 cross‑functionally 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 sell‑through 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 cross‑functionally 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 sell‑through improvement and profitability.
- Effectively report on pricing & commercial performance with clear understanding of all metrics including market price position, profit, sell‑through and contribution to the business.
- Proactively review and suggest optimisations for pricing & commercial processes and reports to support effective ways of working.
- Work cross‑functionally 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 ad‑hoc 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 problem‑solver with effective optimisation skills.
- A self‑starter with the ability to proactively manage workload successfully, organised and methodical, with strong attention to detail.
- Agile and able to work successfully in fast‑paced 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 employer: Farfetch
FARFETCH is an exceptional employer that values creativity and passion for luxury fashion, offering a vibrant work culture in the heart of Mayfair. As a Junior Personal Shopper, you will benefit from ongoing training and development opportunities, allowing you to enhance your skills while building meaningful relationships with clients. Join us to be part of a dynamic team that prioritises employee growth and delivers unparalleled client experiences.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing & Commercial Analyst
✨Get to Know Your E-commerce Community
Dive into specific e-commerce forums and groups on platforms like Reddit or Facebook. Engaging with these communities can open up opportunities and give you insights into what companies like Farfetch are looking for when hiring for a Pricing & Commercial Analyst.
✨Showcase Your Skills with an Online Portfolio
In e-commerce, a strong online presence can set you apart. Create a portfolio that highlights any projects, case studies, or even personal ventures related to e-commerce. When you apply to Farfetch for the Pricing & Commercial Analyst, a tangible demonstration of your skills could make a huge difference.
✨Attend E-commerce Events and Conferences
Keep an eye on e-commerce conferences and workshops in your area. Not only will you gain valuable knowledge, but networking with industry professionals could lead to job leads. Plus, if you're keen to work at Farfetch as a Pricing & Commercial Analyst, rub shoulders with their representatives when possible!
✨Utilise Company Resources
Don’t forget to check out Farfetch’s career page for any unique application processes or opportunities that might not be listed on job boards. Applying directly through their website might give your application a bit more visibility, especially for a Pricing & Commercial Analyst.
We think you need these skills to ace Pricing & Commercial Analyst
Some tips for your application 🫡
Show Off Your E-Commerce Savviness:When you're applying for an e-commerce role at Farfetch, make sure your CV reflects your familiarity with online retail platforms, digital marketing, and user experience. Highlight any relevant tools and technologies you've used, like Shopify or Google Analytics, to demonstrate that you’re well-versed in the industry.
Craft a Compelling Cover Letter:Your cover letter should not just reiterate your CV; it’s your chance to showcase your passion for e-commerce and how it aligns with Farfetch's goals. Mention specific projects or achievements that relate to the role, and don’t forget to express your enthusiasm for working in a dynamic, fast-paced environment where you can make a tangible impact.
Metrics Matter:In the world of e-commerce, numbers speak volumes. When detailing your past experiences, quantify your achievements wherever possible—like the percentage of sales growth you contributed to or successful conversion rates from marketing campaigns. This will make your application stand out and show that you're results-driven.
Tailor Your Application:Don’t forget to customise your CV and cover letter for the specific position at Farfetch. Use keywords from the job description, and address the unique challenges the company may face in the e-commerce space. A personalised application helps us see that you're not just applying everywhere but are genuinely interested in being part of our team.
How to prepare for a job interview at Farfetch
✨Show Off Your E-commerce Know-How
In a sector like e-commerce, having a strong grasp of current trends and technologies is crucial. Let’s make sure you’ve brushed up on key platforms that Farfetch uses—think about popular e-commerce software, digital marketing strategies, and how these affect consumer behaviour. Being able to discuss these intelligently can really set you apart.
✨Portfolio Power: Showcase Your Results
For a full-time e-commerce role, it’s key for us to present a portfolio that highlights your results rather than just your tasks. If you’ve worked on campaigns or projects, bring examples that showcase your contribution and the impact they made—use metrics if you can! This helps to illustrate your value in a real-world context.
✨Technical Questions: Prep for the Specifics
Get ready to tackle some technical questions related to e-commerce analytics, SEO tools, or website optimisation. Think about any past experiences where you utilised data to inform decisions or improve sales. Being prepared with specific examples will showcase not just your knowledge, but also your practical application of it, which we all know is crucial!
✨Engage in a Conversational Style
Full-time interviews can feel quite formal, but try to keep it conversational, especially if you click with your interviewers at Farfetch. Share your thoughts and ideas about the future of e-commerce, and don’t shy away from engaging with their questions openly. The more genuine and relatable you are, the better connection you’ll create!
