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- Tasks: Support global pricing strategy and analyse data to enhance competitiveness.
- Company: Farfetch, a leading luxury fashion marketplace connecting customers worldwide.
- Benefits: Flexible work environment, health insurance, and employee pension scheme.
- Why this job: Join a dynamic team and make an impact in the luxury fashion industry.
- Qualifications: Experience in analytics, e-commerce, or consulting with strong data analysis skills.
- Other info: Collaborative office in London’s tech hub with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Farfetch is a leading global marketplace for the luxury fashion industry, connecting customers in over 190 countries with items from more than 50 countries and over 1,400 of the world’s best brands and charming boutiques from around the world. Farfetch opens a world of luxury for endless expressions of style, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a global marketplace.
COMMERCIAL
The Commercial team drives our strategic partnerships with the world's leading brands and boutiques to source the best selection and optimise sales channels for our partners. Their work offers our customers access to incredible products and the most extensive selection of luxury for endless style.
LONDON
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
As a Pricing Strategy Analyst, you will support the team in shaping FARFETCH’s global pricing strategy. Reporting to the Lead Pricing Analyst, you’ll contribute to analyses, tools, and processes that help monitor pricing performance and keep us competitive and profitable. This role provides exposure to a wide range of commercial teams and offers the opportunity to build.
WHAT YOU'LL DO
- Contribute to high-impact, long-term and ad-hoc commercial initiatives that improve price competitiveness and profitability.
- Work with Brand Partnerships, Business Development, and Account Management teams to provide insights that support partner pricing strategies.
- Collaborate with Data Science on enhancing our pricing algorithm and testing new features.
- Assist Merchandising in translating pricing insights into product decisions.
- Partner with Finance to help validate forecasts and track pricing initiatives against business targets.
- Work with Product & Engineering teams to develop features that support partner pricing and improve customer experience.
- Support in delivering data-driven insights to inform pricing and commercial strategy.
- Help maintain and develop pricing tools, dashboards, and processes (in collaboration with BI).
- Contribute to wider commercial projects as needed.
WHO YOU ARE
- Experienced in Analytics, e-Commerce, or Consulting.
- Proven ability to work with and analyse large datasets: advanced Excel, SQL and Bigquery required.
- Highly organised with exceptional attention to detail and ability to work on multiple projects priorities effectively.
- A self-starter with strong curiosity, a growth mindset and a keen interest in pricing and commercial strategy.
- Confident collaborating across cross-functional teams and supporting stakeholder discussions.
- Excellent communicator, skilled at preparing and delivering insightful reports and strategic recommendations to senior leadership.
- (Nice to have) Knowledge of the fashion and luxury industry.
REWARDS & BENEFITS
- Employee Pension Scheme.
- Flexible Benefits Program.
- Health Insurance & Critical Illness cover.
- Flexible work environment‑Hybrid Model (3 days a week from the office, 2 days from home).
Pricing Strategy Analyst employer: Farfetch
Contact Detail:
Farfetch Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Strategy Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Farfetch. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for interviews by diving deep into Farfetch’s pricing strategies and recent initiatives. Show us you’re not just interested in the role but also passionate about what we do!
✨Tip Number 3
Practice your data storytelling skills. As a Pricing Strategy Analyst, you’ll need to present insights clearly. Use examples from your past experiences to demonstrate how you can make data come alive.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Farfetch family.
We think you need these skills to ace Pricing Strategy Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Strategy Analyst role. Highlight your experience in analytics, e-commerce, or consulting, and don’t forget to showcase your skills in Excel, SQL, and BigQuery. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pricing strategies and how your curiosity and growth mindset make you a great fit for our team. Let us know how you can contribute to our commercial initiatives.
Showcase Your Analytical Skills: Since this role involves working with large datasets, be sure to include examples of your analytical skills in your application. Whether it’s a project from a previous job or a personal endeavour, we want to see how you’ve used data to drive insights and decisions.
Apply Through Our Website: Don’t forget to apply through our official careers website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our company culture there.
How to prepare for a job interview at Farfetch
✨Know Your Numbers
As a Pricing Strategy Analyst, you'll be dealing with large datasets and analytics. Brush up on your Excel, SQL, and BigQuery skills before the interview. Be ready to discuss how you've used these tools in past roles to drive pricing strategies or improve profitability.
✨Understand the Luxury Market
Familiarise yourself with the luxury fashion industry and Farfetch's position within it. Research current trends, key competitors, and pricing strategies used by other brands. This knowledge will help you demonstrate your passion for the role and provide insightful contributions during discussions.
✨Showcase Your Collaboration Skills
This role involves working with various teams like Brand Partnerships and Data Science. Prepare examples of how you've successfully collaborated across departments in previous jobs. Highlight your communication skills and how you’ve contributed to cross-functional projects.
✨Prepare Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about Farfetch’s pricing strategy, team dynamics, and future initiatives. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.