At a Glance
- Tasks: Support revenue strategies and optimise pricing for iconic beauty brands.
- Company: Join Wella Company, a leader in the beauty industry with a diverse portfolio.
- Benefits: Enjoy 25 days holiday, remote work options, and generous staff discounts.
- Other info: Collaborative environment with opportunities for personal and professional development.
- Why this job: Make an impact in a dynamic role that drives revenue and growth.
- Qualifications: Degree in business or related field; strong analytical and communication skills required.
The predicted salary is between 35000 - 45000 £ per year.
Location: Wimbledon (2 days)
Reports to: Senior Strategic Revenue Manager
ABOUT THE WELLA COMPANY
Wella Company is one of the world’s leading beauty companies, comprised of a family of iconic brands such as Wella Professionals, Clairol, OPI, Nioxin and ghd. With 6,000 employees globally and presence in over 100 countries, Wella Company and its brands enable consumers to look, feel, and be their true selves.
THE ROLE
We are seeking a Strategic Revenue Management (SRM) Executive to support the Senior SRM Manager to deliver, analyse and optimise the performance of the pricing and promotional strategies to drive revenue, volume and profitability. You will support the Senior SRM Manager in coordinating market research, performance analytics, data management and SRM reporting for all brands and channels.
KEY RESPONSIBILITIES
- Market Research and Insights Development: Leverage CMI research and shopper analytics to inform pricing and promotional decisions. Conduct competitor and retailer research to maintain a live database of market activity across channels.
- Support Strategic SRM Planning: Collaborate with the Senior SRM Manager to develop and execute SRM strategies aligned with brand and channel objectives. Provide analytical support for annual planning and new product development launches.
- Data Analytics and Modelling: Maintain data models to evaluate pricing, promotional, and channel strategies. Support scenario planning for pricing adjustments and cost changes.
- SRM Performance Reporting: Track and evaluate the outcomes of SRM initiatives, providing insights for continuous improvement.
- Cross-Functional Collaboration: Work closely with Brand Marketing, Sales, Finance, and Trade Marketing teams to align revenue management strategies.
ESSENTIAL SKILLS, EXPERIENCE & QUALIFICATIONS
- Bachelor’s degree in business, Finance, Marketing, or a related field.
- Strong analytical skills with experience in data modelling and analysis.
- Experience in a related finance, SRM or Trade Marketing role.
- Proficiency in Excel.
- Excellent communication and collaboration skills.
- Experience in FMCG, beauty, or retail industries.
WHAT WE OFFER
- 25 days holiday + additional day off for your birthday (not including bank holidays).
- 3 days’ personal leave for significant life events.
- Optional Wella Pension Scheme (8% employer contribution, 3% employee contribution).
- Staff Discount (80% of all hair products, 40% OPI, 1 x 50% ghd).
EEO OPPORTUNITIES
The Wella Company wants to meet the aims and commitments set out in its equality policy. We offer equal employment opportunity to qualified individuals without regard to any characteristic protected by law.
SRM Executive employer: Wella Operations US LLC
Wella Company is an exceptional employer located in Wimbledon, offering a vibrant work culture that champions creativity and innovation in the beauty industry. With a strong commitment to employee growth, we provide extensive benefits including generous holiday allowances, personal leave for significant life events, and opportunities for remote work, all while fostering a diverse and inclusive environment where every individual can thrive and contribute to our market-leading brands.
StudySmarter Expert Advice🤫
We think this is how you could land SRM Executive
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Wella. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching Wella’s brands and recent initiatives. Show us you’re passionate about the beauty industry and how you can contribute to our revenue management strategies.
✨Tip Number 3
Practice your data analysis skills! Be ready to discuss how you’ve used analytics in past roles to drive decisions. We love candidates who can turn numbers into actionable insights.
✨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 Wella family.
We think you need these skills to ace SRM Executive
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the SRM Executive role. Highlight relevant experience in revenue management, data analysis, and any specific skills that match the job description. We want to see how you can bring value 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 the role and how your background aligns with our goals at Wella. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention any tools or methodologies you’ve used in the past, especially if they relate to pricing or promotional strategies.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our amazing team at Wella!
How to prepare for a job interview at Wella Operations US LLC
✨Know Your Numbers
As a Strategic Revenue Management Executive, you'll be dealing with data and analytics. Brush up on your Excel skills and be prepared to discuss how you've used data to drive decisions in the past. Bring examples of how you've analysed market trends or pricing strategies.
✨Understand the Brand
Familiarise yourself with Wella's portfolio and its market position. Know the key brands like Wella Professionals and OPI, and be ready to discuss how you can contribute to their growth. Showing genuine interest in the company will set you apart.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to revenue management. Think about how you would approach pricing adjustments or promotional strategies. Practising these scenarios will help you articulate your thought process clearly.
✨Showcase Collaboration Skills
This role requires working closely with various teams. Be ready to share examples of how you've successfully collaborated across departments in previous roles. Highlight your communication skills and ability to align different stakeholders towards common goals.
