Associate- Pricing - WAP
Job Description:
Position: Associate – Pricing
Location: Bengaluru (On-Site)
Department: FwD Charter
About the Team:
The Pricing Team within the FwD Charter plays a pivotal role in shaping demand and optimizing profitability by managing pricing strategies and GMV initiatives. This team collaborates closely with category management, marketing and analytics teams to craft strategies that drive revenue, enhance customer satisfaction and ensure competitive positioning.
Roles & Responsibilities
Role Overview:
The Associate – Pricing will be responsible for developing and executing pricing strategies for the FwD Charter’s portfolio. This role requires leveraging data-driven insights to enhance revenue, profitability and customer value, while adapting to the unique demands of the Gen Z demographic.
Key Responsibilities:
- Develop, implement and monitor pricing strategies to achieve GMV and profitability targets.
- Analyze competitor pricing, market trends and customer behavior to ensure competitive positioning.
- Collaborate with category teams to align pricing strategies with overall category goals and product assortment.
- Utilize advanced analytics to derive insights from sales, pricing and customer data; translate these insights into actionable strategies.
- Monitor and manage pricing performance metrics, preparing detailed reports for stakeholders.
- Partner with cross-functional teams, including marketing, merchandising and supply chain, to ensure seamless execution of pricing strategies.
- Stay updated on industry trends and emerging technologies to recommend innovative pricing approaches.
Qualifications & Experience
- Bachelor’s degree from an accredited university; MBA or equivalent preferred.
- 2-4 years of relevant experience in pricing, e-commerce or related fields.
- Strong analytical skills with proficiency in tools like Excel, SQL, Tableau or equivalent.
- Understanding of customer behavior, market dynamics and pricing elasticity.
- Proven ability to work collaboratively in a fast-paced, results-driven environment.
- Exceptional communication and presentation skills, with experience in preparing reports and delivering insights to senior stakeholders.
- Passion for fashion and a deep understanding of the Gen Z demographic is a plus.
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