Pricing Executive
2 weeks ago
The pricing team is one of the four pillars of the Revenue office in Zalora. As the pricing team, we optimize profit and increase conversion rates with the goal of providing the best value for our customers.
The Revenue office is a newly formed department led by the Chief Revenue Officer which comprises four teams - Pricing, PMO, Merchandising, and Analytics. We consider the product, customer and tech platform as constraints and aim to use all the levers at our disposal (price, campaign, search, sorting, and processes around them) to get the best possible performance (read Sales and Profit) out of them.
Description:
This role will be fully responsible for the pricing management of the Apparel and/or Non-Apparel categories. You will be entrusted to conduct in-depth analysis and craft strategic actions for top brands such as Adidas, Under Armour and Calvin Klein in Singapore, Malaysia, Hong Kong, Taiwan, Philippines, and Indonesia.
As a Pricing Executive, the ideal candidate is an attentive and observant individual with a strong sense of responsibility, initiative and ownership. Due to the volatile nature of the e-commerce industry, the ideal candidate should be able to work efficiently in evolving work environments under high pressures to complete time-sensitive projects.
Strong people and communication skills are also required as the candidate will be the key contact point between the Revenue and Commercial departments, working closely with the Data Science, Merchandising, and Planning teams. As an empowered team member, frequent interactions with senior leadership (e.g., Chief Revenue Officer) are also to be expected.
Responsibilities:
- Monitor category performances and conduct analysis to develop action plans to tap on potential opportunities.
- Work closely with internal/external stakeholders to manage project communication and coordination.
- Inventory risk management.
- Represent the Revenue Pricing point of view in the parallel inventory plan forecast with the planning team for Apparel and/or Non-Apparel categories.
- Help in defining the strategy of the current & new trading directions and solutions.
- Evaluate existing processes to develop improvements, standardizations and best practices. Ad hoc projects as assigned.
Requirements:
- Bachelor's degree in either Business, Economics, Mathematics, Engineering, or related disciplines.
- Preferred analytical experience working for an eCommerce retailer: business or financial planning/analysis or buying function is an advantage.
- Experience and passion for the fashion industry.
- Possess a strong analytical mind, with the ability to turn complex findings and results into a compelling and narrative set of actions.
- Results-driven with attention to detail.
- Ability to communicate at all levels with an honest and open approach.
- Proactive mindset with the ambition to drive improvements.
- Should be a self-starter, quick learner, and go-getter, with the ability to learn and thrive in a fast-paced environment.
- Experience in working with SQL, Tableau, and Python. Strong understanding of MS Excel (especially in Pivot Table, Vlookup, etc.).
Wonder how it's like to build your career with ZALORA? Inspired by employees, we believe you'll be in for:
- An exciting platform to make your success story.
- Flexibility woven into your lifestyle.
- A seamless work environment with a friendly & team-fueled culture.
- Career growth aligned to your professional and personal needs and goals.
ZALORA is Asia's leading online fashion, beauty and lifestyle destination, part of Global Fashion Group. As one of the region's pioneer large scale ecommerce platforms, ZALORA has established a strong presence throughout the region, particularly in Singapore, Indonesia, Malaysia, Brunei, the Philippines, Hong Kong, and Taiwan, enjoying over 50 million visits per month.
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