Jobs · Marketing · Michigan

Pricing Analyst

Meijer · Grand Rapids, MI · 2 days ago
MarketingFull-time

As a family company, we serve people and communities. When you work at Meijer, you’re provided with career and community opportunities centered around leadership, personal growth and development. The Analyst-I position is an experienced position on the Pricing team. This role is responsible for applying corporate price strategies and analytics for a specific group of categories in order to optimize Meijer’s price position, sales, margin, and share. The analyst I position will incorporate various data sources and analytical techniques to execute price changes, assess the effectiveness of current price strategies, and drive business results.

Benefits

  • Meijer Rewards
  • Weekly pay
  • Scheduling flexibility
  • Paid parental leave
  • Paid education assistance
  • Team member discount
  • Development programs for advancement and career growth

Responsibilities

  • Ensure that Meijer pricing strategies are executed consistently and in alignment with product and promotional strategies as well as Federal, State and Local regulations for a group of assigned categories.
  • Evaluate the effectiveness of current pricing and promotional strategies looking at competitors’ pricing strategies, market/customer trends, and company performance.
  • Partner with merchandising leaders to refine category pricing strategies that support individual category targets; model proposed changes to forecast the impact on sales, margin, and customer metrics.
  • Ensure timely & actionable scorecards are published to all relevant internal partners to drive business growth and pricing effectiveness.
  • Effectively communicate pricing and promotional trends and supporting analytics to pricing, merchandising, and marketing leadership.
  • Serve as subject matter expert advising the development and implementation of pricing system enhancements and processes that will govern lifecycle pricing management.
  • Apply category analytical tools that encompass pricing data, consumer trends, customer segmentation, loyalty, and competitor insights.
  • Use fact based analytics and reporting that are necessary to strengthen pricing recommendations that drive bottom line results.
  • Educate and influence business partners to improve understanding and reliance on advanced analytics in making pricing decisions.
  • Develop pricing strategy presentations, category reviews, and communicate them to merchandising leadership.
  • May perform other duties as assigned or required.

Qualifications

  • Bachelor’s Degree required; Statistics, Economics, Mathematics, Finance or relevant field of study preferred.
  • 2 years of experience in retail, analysis, and/or pricing preferred.
  • Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments.
  • Exceptional ability to extract strategic insights from large data sets.
  • Advanced Excel skills required.
  • Analytical and reporting skills preferred (e.g. SQL, PowerBI).
  • Excellent communication skills: listening, verbal and written.
  • Strong organizational, planning, and time management skills.
  • Strong work ethic complemented with a positive, can-do attitude.
  • Office computer skills required; preference for Microsoft application experience.
  • Ability to learn company systems and tools.

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