Business Analyst
12 hours ago
Job Title
Pricing Analyst / Business Analyst (Pricing Focus)
Department
Merchandising / Analytics
Role Summary
The Pricing Analyst is responsible for driving profitability and competitiveness through data-driven pricing strategy and execution. This role owns catalog-wide pricing, promotion planning, and competitive benchmarking across all sales channels. The Pricing Analyst partners closely with the Merchandising team to improve margin performance, automate pricing processes, and deliver actionable insights that enhance profitability and operational efficiency.
Key Responsibilities
Pricing Strategy & Execution
- Own and optimize catalog-wide pricing across all channels to balance margin goals and competitive positioning
- Execute 100% of scheduled vendor and brand promotions accurately and on time
- Track, manage, and implement frequent price changes in alignment with cost updates, promotions, and competitive shifts
- Identify pricing opportunities and risks based on sales velocity, margin impact, and cost changes
Competitive & Market Analysis
- Monitor and track competitor pricing weekly for top revenue-driving SKUs
- Identify and escalate high-impact competitive threats and marketplace opportunities
- Provide clear, actionable pricing recommendations to Merchandising and leadership
Margin Optimization & Cost Modeling
- Analyze cost structures including shipping, pick/pack, advertising spend, and marketplace fees
- Drive year-over-year margin improvement through strategic pricing adjustments
- Support promotion planning with margin and profitability analysis
Pricing Automation & Systems
- Design and launch scalable, rule-based pricing algorithms incorporating multiple cost and demand variables
- Improve pricing accuracy, responsiveness, and efficiency through automation
- Ensure pricing systems adapt quickly to market and cost changes
Reporting & Cross-Functional Support
- Deliver routine and ad-hoc pricing, margin, and performance reports
- Serve as a trusted analytics partner to the Merchandising team
- Translate complex pricing data into clear business insights
Key Performance Indicators (KPIs)
- 100% on-time, error-free execution of scheduled promotions
- Weekly competitive pricing coverage for top revenue SKUs
- Successful launch and adoption of rule-based pricing automation
- Year-over-year improvement in average catalog margin
- Consistent identification of high-impact competitive risks and opportunities
Required Skills & Qualifications
- Strong analytical and quantitative skills
- Experience with pricing analysis, margin optimization, or revenue management
- Advanced proficiency in Excel; experience with SQL, BI tools, or pricing software preferred
- Ability to work with large datasets and translate insights into business actions
- Strong attention to detail with the ability to manage frequent price changes
- Excellent communication skills and ability to partner cross-functionally
Preferred Qualifications
- Experience in e-commerce, retail, or marketplace pricing
- Familiarity with pricing automation, algorithms, or rule-based systems
- Background in Business Analytics, Finance, Economics, or related field
Why This Role Matters
This role is the engine behind data-driven pricing decisions. The Pricing Analyst ensures the company remains competitive, profitable, and strategically positioned by combining analytical rigor, automation, and strategic insight.
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