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- Tasks: Develop and manage online pricing strategies to boost competitiveness.
- Company: Established retailer with a strong reputation in the industry.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Why this job: Join a key role in shaping pricing strategies and driving commercial success.
- Qualifications: Experience in retail pricing management and strong analytical skills.
- Other info: Collaborative team culture with a focus on innovation and efficiency.
The predicted salary is between 36000 - 60000 £ per year.
I am currently recruiting for an experienced Online Pricing Manager to join an established and well-regarded retailer based within their Head Office function in Wimbledon. Working as an integral part of the Commercial department reporting into the Head of Online Trading, you will ultimately be responsible for developing and managing pricing strategies, using online tools ensuring maximum competitiveness in the online offerings with the ultimate aim to make them the go-to choice.
Your additional responsibilities will include:
- Creating and managing the on-going commercial online pricing strategy
- Optimising all pricing tools, ensuring coverage across all relevant categories.
- Working closely with buying teams to identify and action opportunities to improve our market position and align pricing tactics with commercial goals
- Liaising cross-functionally with various departments ensuring pricing strategies support category-specific stock availability and commercial objectives
- Generating reports on the impact of price changes on true net profit margins
- Utilising various software tools including BI to monitor online pricing and recommend changes to relevant teams.
- Liaising with the Head of Trading to develop and maintain a reporting suite to monitor price movement across the business.
- Overseeing streamlining & improving processes and overall pricing efficiencies.
Key requirements for the role:
- Previous experience of managing pricing within a retail environment
- Strong commercial awareness and understanding of pricing management strategies.
- Highly numerate, with proven ability to manipulate and analyse data to resolve commercial issues.
- Excellent verbal and written communication skills with the ability to influence others and drive change.
- Strong IT skills with good understanding of MS Office, advanced Excel.
Online Pricing Manager employer: Rise Resourcing
Contact Detail:
Rise Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Online Pricing Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its competitors. Understand their pricing strategies and be ready to discuss how you can contribute to making them the go-to choice in the market.
✨Tip Number 3
Showcase your analytical skills! Be prepared to discuss how you've used data to drive pricing decisions in the past. Bring examples of reports or analyses you've done that had a positive impact on profit margins.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Online Pricing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Online Pricing Manager role. Highlight your experience in pricing strategies and any relevant retail background. We want to see how your skills align 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 the perfect fit for our team. Mention specific examples of how you've optimised pricing strategies in the past and how you can bring that expertise to us.
Show Off Your Data Skills: Since this role involves a lot of data analysis, make sure to showcase your numeracy and IT skills. Mention any software tools you've used, especially BI and Excel, to demonstrate your ability to manipulate and analyse data effectively.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Rise Resourcing
✨Know Your Numbers
As an Online Pricing Manager, you'll need to demonstrate your strong numerical skills. Brush up on key metrics related to pricing strategies and be ready to discuss how you've used data to influence pricing decisions in the past.
✨Showcase Your Commercial Awareness
Make sure you understand the retail landscape and current market trends. Be prepared to talk about how you would approach pricing strategies for different categories and how they align with commercial goals.
✨Communicate Effectively
Since this role involves liaising with various departments, practice articulating your thoughts clearly. Use examples from your previous experience to show how you've influenced others and driven change through effective communication.
✨Familiarise Yourself with Tools
Get comfortable with the software tools mentioned in the job description, especially BI and advanced Excel. If possible, bring examples of reports or analyses you've created in the past to showcase your technical skills.
