Estimates merchandise overhead and develops ways to reduce costs. Analyzes historical cost data in order to provide more accurate cost estimates. Communicates pricing information to associates. May require a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. Typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work.
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Responsibilities. Analyze sales data, market trends, and competitive landscape to develop pricing strategies that maximize revenue and profitability. Conduct pricing simulations and scenario analyses to assess the impact of pricing changes on sales volume, margin, and overall business performance. Collaborate with cross-functional teams including merchandising, finance, and marketing to align pricing strategies with business objectives and promot...
