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Target · 1 day ago

Sr. Analyst Everyday Pricing Home

Minneapolis, MN

Full-time

Hybrid

Mid, Senior Level

$71K/yr - $128K/yr

2+ years exp

Target is a company that helps families discover the joy of everyday life. They are seeking a Everyday Pricing Insights Analyst to own pricing decisions and develop insights for various categories within the Home business, collaborating with multiple teams to ensure a strong pricing position in the marketplace.

CommunitiesE-CommerceRetailShopping

Responsibilities

Own pricing decisions and investment opportunities for a set of categories within businesses in Home

Regularly review your category’s price position in the marketplace with buyers, planners, and promo planning teams

Weekly assessment and response to changes in the competitive and business environments to ensure that Target maintains strong everyday price position

Market intelligence summaries of strategic pricing changes implemented by key competitors

Maintain a Pricing Playbook for each division, key seasons, and bring data-driven recommendations that improve our future price position and/or financial results

Delivery of objectives tied to captainships which improve the performance of the global Everyday Pricing and Competitive Retail Intelligence teams

Lead weekly competitive promo and pricing routines for top sales driving items in key seasons

Influence pricing outcomes by building strong, trusted relationships with merchants, strategy & planning teams, pricing product teams, and operations

Developing and prioritizing action plans to improve KPI metrics via a blend of short-term countermeasures and long-term solutions

Using domain expertise to determine the most effective data sources to improve pricing performance, inclusive of multiple internal reporting tools, 3rd party insights platforms, or acquisition of data through field studies

Using economic and pricing strategies to improve gross margin performance and price perception

Creating compelling problem statements and business cases to support and advance our pricing strategy

Assessing and balancing stakeholder interests in managing price competitiveness vs gross margin

Providing subject matter expertise on pricing capabilities

Qualification

Data analysisFinancial acumenPricing strategyExcel proficiencyMerchandising experiencePeer leadershipStrategic orientationInterpersonal skillsSelf-starter