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Manager (Pricing & Profitability/US Emerging Categories)

Company: Wayfair LLC
Location: Boston, Massachusetts
Posted on: June 19, 2018

Job Description:

Duties: Manage profitability for Emerging Categories. Develop growth

strategies for U.S. investments and emerging categories. Analyze trends

and conduct deep-dives of category performance. Understand competitive

dynamics and positioning. Develop hypotheses and test new pricing

strategies, model sales and margin impact, outline operational

initiatives, and work with cross-functional teams to optimize and

execute on the path to profitability for growth areas of the Wayfair

business. Develop the strategic path to profitability for emerging

categories and new investments. Work closely with category management,

operations, marketing, and engineering to develop a deep understanding

of category dynamics. Engage with various internal business partners to

align priorities, develop strategic plans, and measure performance

improvements. Identify opportunities to accelerate growth and build

tools to analyze and test new pricing strategies. Monitor operational

and financial performance data to spot trends in the business and ensure

competitive position and health of the business. Interface with cross-

functional teams, Operations, Category Management, Marketing,

Merchandizing, and QA teams to optimize the performance of our dynamic

pricing system.

Requirements: Bachelor's degree in Economics, Mathematics, Statistics,

Business, Engineering or related field (willing to accept foreign

education equivalent) plus two (2) years’ experience creating, testing

and optimizing predictive algorithms for retail pricing. One year of

experience must include: Identifying operational process improvement

opportunities and driving concurrent improvements in people, process and

technology; Creating strategic roadmaps for growth and managing

implementation against deadlines and milestones; Leading development of

Big Data Analytics solutions leveraging the latest data analysis

techniques (including machine learning) for large quantities of

structured and unstructured data; Developing business cases and

financial strategy for product development, including defining business

goals, creating executions steps, and analyzing business return;

Reporting on business case analysis and revenue analysis using Excel and

SQL; Performing experimental design and hypothesis testing including A/B

testing and multivariate testing (MVT); Building predictive models,

using historical data to predict target markets, customer segments,

messaging and spending; Evaluating of predictive models including ROI

analysis and back testing on historical data for evaluating future

predictions; Developing and executing advanced mathematical and

economics tests such as two dimensional modeling and A/B testing.

Submit resume to Wayfair LLC, M. Fallon 100 Huntington Avenue, 4 Copley

Place, Boston, Massachusetts 02116 or via

https://jobs.wayfaircareers.com/jobs/or3P7fwa?lang=en-us

Keywords: Wayfair LLC, East Hartford , Manager (Pricing & Profitability/US Emerging Categories), Design , Boston, Massachusetts, Connecticut


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