Pricing Specialist

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Wholesome products at wholesale prices. Thrive Market is a membership e-commerce platform on a mission to make the world’s highest quality natural and organic products affordable for every American family. For $60/year, Thrive members get access to their favorite healthy snacks, supplements, home, beauty, and baby products at 30-50% off retail value—all shipped to their front door for free. As part of our Thrive Gives initiative, each paid membership on the site also sponsors a free membership for a low-income family.

 

Our curated selection of products is integral to the Thrive Market experience, and our Category Managers work hard to select the highest quality and trend relevant catalog for our amazing members. We are looking for a results-oriented, data-driven Pricing Specialist to support the Merchandising team. 

 

The right person for the job will bring a strong set of analytical skills to bolster our growing, dynamic e-commerce business. You will drive the reporting, execution, and analysis of pricing strategies in support of each merchandise category as we well as company financial goals. You will evaluate all facets of the market and understand the delicate art of balancing economics and psychology across the entire pricing lifecycle. 

 

Repsonsibilities

  • Maintain competitive pricing reports and customize for teams across the organization
  • Monitor cost changes, KVIs (Key Value Items), CPIs (Competitive Price Index) and recommend price changes, which increase profitability and optimize price perception
  • Work with Merchandising Marketing team to develop pricing timelines for promotional periods that align with merchandise calendar and financial goals 
  • Grow total gross margin dollars by identifying and recommending pricing actions that encourage higher sale values, conversion rates, inelasticity and customer satisfaction
  • Support the Category Management team in the identification, planning, and execution of pricing solutions for new item launches and assortment reviews
  • Implement price changes and ensure accuracy across pricing files
  • Support the development and implementation of price tests to validate category strategies
  • Address pricing related questions from several sources, such as buyers and marketers

 

Qualifications

  • 2+ years of prior pricing/retail experience
  • Experience in reviewing and analyzing retail data (Nielsen, IRI, etc.)
  • Strong analytical skills coupled with the ability to effectively articulate and present insights
  • Strong organization and project-management skills, including the ability to meet demanding and often competing deadlines
  • BA/BS degrees in Statistics, Computer Science, Economics, Mathematics preferred
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Technology we use

  • Engineering
    • CSSLanguages
    • GolangLanguages
    • JavaLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PHPLanguages
    • PythonLanguages
    • SwiftLanguages
    • ReactLibraries
    • ReduxLibraries
    • FlaskFrameworks
    • KafkaFrameworks
    • KubernetesFrameworks
    • MagentoFrameworks
    • Node.jsFrameworks
    • SparkFrameworks
    • SpringFrameworks
    • TerraformFrameworks
    • AWS RedshiftDatabases
    • ElasticsearchDatabases
    • MySQLDatabases
    • PostgreSQLDatabases
    • NoSQLDatabases
    • AWS (Amazon Web Services)Services
    • GitHubServices
    • GitLabServices
    • New RelicServices

Location

In a commitment to our Remote-First Workforce, we have downsized from our previous offices to a WeWork!

An Insider's view of Thrive Market

How would you describe the company’s work-life balance?

Thrive Market is a company that values family first. Leadership has supported me as I navigated the challenges of being a first time mom (during a pandemic!) with kindness and empathy, while offering me a flexible schedule and while still giving me opportunities for growth.

Erin

Senior Director of Growth Marketing

How do your team's ideas influence the company's direction?

The Merchandising team is always looking for better ways to serve our members. We build out category strategies that include sourcing new products to meet member's diet & lifestyle needs, looking for more sustainable packaging formats or creating innovative Thrive Market Brand items.

Christine

Senior Director of Merchandising

What are Thrive Market Perks + Benefits

Thrive Market Benefits Overview

We Offer:

Competitive Salary + Equity
Flexible Paid Time Off
Free Thrive membership & 15% discount on all orders
Comprehensive health benefits (medical, dental, vision, life and disability) - Thrive Market covers ~80% of your premiums!
401k program
Stocked kitchen in our Thrive Market Home Office with Thrive Market products
Coverage for Life Coaching & Therapy Sessions on Modern Heath, our holistic mental health and well-being platform for mental & professional support
ClassPass Membership - Subsidized ClassPass Membership with access to fitness classes, as well as wellness and beauty experiences.
Casual atmosphere and great people to work with

Culture
Volunteer in local community
Giving back to our members and our local community is a huge part of our mission. Our very own mission task force hosts many employee driven events throughout the year.
Partners with nonprofits
in 2019, Thrive deployed over $850,000 raised from our membership community toward initiatives such as clean water to villages in Africa, snacks to children separated from families at the border, etc.
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Employee-led culture committees
Quarterly engagement surveys
Summer hours
Employee awards
Flexible work schedule
Thrive Market provides employees with a flexible work schedule that includes Core hours, Flexible start and end times.
Remote work program
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Team workouts
Thrive Market's team fitness initiatives include In-office yoga.
Mental health benefits
We have partnered with Modern Health to provide life coaching & therapy sessions for our employees.
Financial & Retirement
401(K)
Company equity
Charitable contribution matching
The Thriver Help Fund is an emergency financial assistance lifeline created and funded by Thrivers, for Thrivers, to provide assistance in a time of need.
Pay transparency
Child Care & Parental Leave
Generous parental leave
We provide up to 12 weeks of parental leave for the primary caretaker after 12 months of employment.
Family medical leave
Fertility benefits
Adoption & Fertility Assistance
Vacation + Time Off
Paid holidays
Flexible time off
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Pet friendly
Fitness stipend
Home-office stipend for remote employees
Professional Development
Job training & conferences
Thrive Market offers employees professional development opportunities like The ability to attend job related conferences and seminars.
Lunch and learns
Thrive Market hosts lunch and learn meetings once per month.
Promote from within
Online course subscriptions available
Customized development tracks
Virtual coaching services

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