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Pricing Analyst Salary in Jersey City, NJ

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Pricing Coordinator
WGACA LLC, Jersey City
This role will act as support for the Merchandise Analyst in maintaining the current pricing structure. This role is also responsible for coordinating price changes from conception to execution. This role supports the Merchandise Analyst with the process & flow for pricing modifications (large & small), in addition to assisting in upholding the overall pricing strategy as it relates to each channel of the company. This candidate is expected to be involved as a chief participant as we evolve our proprietary technology as it relates to scaling pricing. This role will have both micro and macro day-to-day tasks. The candidate should be comfortable with pivoting from a broad variety of activities as it relates to the core needs of the department, to having specific & exclusive price catalogues to consistently monitory & own. Essential Duties and Responsibilities: · Coordinating any pricing modifications as it relates to the WGACA price catalogue · Analyze and report on weekly & monthly metrics, KPIs to provide insights to the Merchandising Team · Partner with the Merchandising Analyst to identify underperforming items and recommended repricing · Assist coordination and execution all repricing & retagging projects in a timely manner · Assist Merchandise Analyst with all pricing for luxury products and price changes · Evaluate and implement pricing strategies based on competitive market research and trends · Assist in determining optimal markdown strategy for certain luxury products to drive sales and margin Requirements · Bachelor's Degree · Intermediate to advanced level of understanding of the luxury accessories market, including brands, products & pricing · Advanced Excel skill set and understanding of Retail Math · Self-motivated with demonstrated aptitude for problem solving and creativity · Comfort level & expectation of working with large sets of data