Pricing Manager

Tilebar is a rapidly expanding company that is revolutionizing the tiles industry in the United States through the implementation of cutting-edge technology, innovative practices, and a distinctive product line. Our aim is to reshape the way homeowners shop for tiles and home decor. With an ambitious vision to become the leading player in the multi-billion dollar tiles market, we are seeking a highly motivated and detail-oriented Competitive Pricing Analyst to join our dynamic team. In this role, you will play a vital part in our growth trajectory.
Position Overview: Must have experience as a Pricing Strategist
The Competitive Pricing Strategist will support developing pricing strategies, recommendations, and guardrails for all product categories in our omni-channel platform. The Pricing Strategist will use technical tools and methodologies such as elasticity and demand curve modeling to determine optimal price points, test & control methodologies to identify the most effective pricing strategies, rules-based pricing to drive automation and consistency, cluster analysis to identify trends across similar products and geographies, and financial impact analysis to evaluate pricing recommendations and decisions that ultimately lead to improved profitability and revenue enhancement. The Pricing Analyst will work to support financial and business target achievement for the channels and organization while positioning themselves as a key partner within the sales and operations organization.
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 stack of products, including freight, production, distribution, marketing, damages, and all associated selling expenses, to ensure true 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.

Qualifications and Skills:

• Bachelor's Degree in Business Administration, Finance, Statistics, or a related field
• 3 Years Experience in Pricing, Data Analytics, Finance, Omnichannel Retailing, or related pricing and promotion field. Experience working in cross-functional teams, data elements, or financial metrics analyses.
• 3 Years Experience in Price Management, Merchandising, Financial Planning and Analysis, Store Operations, or Logistics. Experience as a Lead Merchant and/or Pricing Lead in an omni-channel retail environment.
• Microsoft PBI and SQL knowledge are a plus but not required

The salary range for this position is $95,000 to $110,000 per year. Actual compensation is based on multiple factors that are unique to each candidate, including and not limited to skill set, level of relevant experience, and specific work location. Salary ranges for positions based in other locations may differ based on the cost of labor in that location.
At Soho Studio LLC/TileBar, we are committed to fostering a workplace that embraces and celebrates diversity, equity, and inclusion. We believe that a diverse and inclusive workforce enhances our ability to innovate and succeed and creates a more enriching and supportive environment for our employees.
Soho Studio LLC/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.

Job Type: Full-time

Pay: $95,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible schedule
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Referral program
• Retirement plan
• Vision insurance

Schedule:

• 8 hour shift