Planner, Pricing Strategist
TileBarAbout the role
TileBar is a leading design resource dedicated to transforming spaces. Through tailored, expert solutions that exceed the expectations of residential and trade clients alike, TileBar provides the most inspiring tile and stone shopping experience in the industry. Through a curated product assortment, technical innovation, personalized service, and elevated omnichannel experience, TileBar ensures that every project accomplishes a unique vision and aesthetic. We are seeking dedicated professionals who share our passion for design, innovation, and exceptional service.
Position Overview:
Reporting into our SEVP, Commercial Operations, and partnering closely with FP&A and our sales channels, the Pricing Strategist and Planner will play a crucial role in determining optimal pricing strategies in all our sales verticals to maximize revenue, profitability, and inventory efficiency. This role is a hybrid role, based primarily in our Manhattan office, with the ability to work remotely up to 2 days/week.
Key Responsibilities:
Market Analysis:
• Monitor industry trends to identify opportunities and threats that would impact pricing decisions.
• Monitor competitors' pricing strategies and promotional activities to understand their positioning in the market, provide insights on those pricing dynamics, and recommend appropriate responses to maintain a competitive edge.
• Conduct in-depth market research, both internally and externally, to gather insights on customer preferences, pricing sensitivity, and buying behavior.
Cost Analysis:
Evaluate the cost structure of products, including production, distribution, marketing, damages, and all associated selling expenses, to ensure bottom-line pricing aligns with profit margin goals.
Pricing Strategy Development:
• Develop and recommend pricing strategies for all sales channels that consider factors such as product uniqueness, target customer, and overall value proposition.
• Propose tiered pricing, bundling, or other promotional strategies to cater to different customer segments and maximize overall revenue.
• Price Optimization, Testing, and Implementation:
• Work closely with the various teams to ensure smooth implementation of new pricing strategies.
• Analyze historical sales data and pricing information to identify patterns and correlations that guide pricing adjustments.
• Utilize pricing models and software tools to simulate and forecast the impact of various pricing scenarios on revenue and profitability.
• Design and execute price tests to evaluate the impact of pricing changes on customer behavior and financial outcomes.
• Monitor the results of implemented pricing strategies and iterate based on performance feedback.
• Data Analysis and Reporting:
• Gather and analyze data from various sources to generate reports and dashboards that provide insights into pricing performance and effectiveness.
• Present findings and recommendations to management in a clear and actionable manner.
• Recommend peripheral pricing software to utilize and integrate with our existing systems for streamlined and improved pricing functionality across our omni-channel platform.
Qualifications and Skills:
Minimum 5 - 10 years of experience in similar analytical and planning roles in omni-channel within the consumer product goods industry
Proficiency in pricing, data analysis, and statistical tools, as well as market trends
Microsoft PBI, Tableau, and/or SQL knowledge is a plus, but not required
• Proficient in Microsoft Excel, including VLOOKUP and Pivot Tables
• Strong analytical skills with experience in data analysis and interpretation
• Excellent communication and presentation skills
• Detail-oriented with a high level of accuracy in pricing calculations
• Experience with financial modeling and forecasting
• Ability to work independently and meet tight deadlines
At TileBar, we are committed to fostering a workplace that embraces and celebrates diversity, equity, and inclusion. We believe that a diverse and inclusive workforce not only enhances our ability to innovate and succeed but also creates a more enriching and supportive environment for our employees.
TileBar is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of their race, color, religion, gender, sexual orientation, gender identity or expression, national origin, genetics, age, disability, or veteran status.
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