Director of Pricing Strategy
1 month ago
About Inspire Brands
At Inspire Brands, we are committed to delivering exceptional customer experiences through our portfolio of brands.
Job Title: Director of Pricing Strategy
Estimated Salary: $140,000 - $170,000 per year
Job Description
The Director of Pricing Strategy will lead a team of data scientists in developing sophisticated pricing strategies across multiple brands. This role involves collaborating with various internal stakeholders, including revenue management, brand analytics, and franchisees, to align data science initiatives with business objectives.
Main Responsibilities:
- Develop and implement advanced analytical models for product forecasting, pricing elasticity studies, and strategic pricing recommendations.
- Manage a team of data scientists, providing guidance on complex data analysis and modeling tasks, ensuring high-quality deliverables, and optimizing workflows.
- Foster strong collaborative relationships with revenue management, brand analytics, and data product teams.
- Communicate complex analytical findings and strategic recommendations effectively across different levels of the organization.
- Oversee the integration of pricing strategies with overall brand strategies, ensuring consistency and alignment.
- Drive the continuous improvement of analytical tools and processes, staying up to date with industry trends and technological advancements.
Requirements
To be successful in this role, you will need:
- A minimum master's degree in a STEM field or PhD in a STEM field with 4+ years of relevant work experience.
- Experience managing multiple individual contributors.
- Strong analytical skills with expertise in statistical modeling, machine learning, and data analysis.
- Proficient in Python programming.
- Exceptional communication skills, with the ability to translate complex data-driven insights into clear, actionable strategies for non-technical stakeholders.
- Proficient in using major data analysis tools and software such as Databricks, Azure Data Factory, and Azure DevOps.
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