SUMMARY
The Pricing Analyst for Private Brands plays an important role in supporting the growth and profitability of Summit Racing’s private-label product portfolio. This role will analyze sales, inventory, costs, competitive pricing, and market trends to develop and execute pricing strategies that provide strong customer value while supporting healthy business performance. The Pricing Analyst will work closely with Private Brands, Purchasing, and Merchandising to understand changing market conditions, identify opportunities, and maintain effective pricing across the product portfolio. This position will help ensure pricing decisions are aligned with product positioning, customer expectations, inventory objectives, and the overall strategy of the Private Brands business.
Initial training will be 100% on-site. After training period, this will be a hybrid position with minimum 3 days on-site (Tuesday, Wednesday, Thursday).
Candidates must be located in OH to be considered.
ESSENTIAL DUTIES AND RESPONSIBILITIES (includes other duties as assigned):
- Conduct proactive pricing analysis to ensure Summit Racing Equipment is competitive while maintaining the highest margins that the marketplace will allow. Execute corporate and department pricing strategies.
- Conduct competitive retail analysis, execute retail changes relating to vendor cost changes, and adapt as pricing strategy evolves.
- Analyze part types and product categories to make sure our pricing structure matches product offering hierarchy of good-better-best or similar variables.
- Maintain balance between sales, profit, and gross margin growth for the company
- Communicate opportunities and challenges within the department to aid in inventory alignment and sales opportunities. Work cooperatively with Purchasing and Merchandising.
EDUCATION and/or EXPERIENCE
- A two-year college degree in Marketing, Advertising, or Business is preferred. Related experience, preferably in both consumer and Business-to-Business, with a track record of creative/forward thinking and analysis. Must be fluent in calculations of margin, gross profit and cost/sales relationship. Must be current on industry best practices and adaptable to new or emerging tools and technology.
- Project management experience, use of spreadsheets, i.e. Microsoft Office products.
- Automotive knowledge or mechanical aptitude in a related field is beneficial.
The Team Member Experience:
We work together to take care of our customers, our communities, and each other. When you join the team, you’ll enjoy a positive, productive atmosphere where people truly believe in what they are doing. If you’re passionate about providing the best experience possible to our customers and to your fellow team members, you’re in the right place.
If you are an individual with a disability and need assistance interacting with our career site, please contact us by calling (330) 630-5570 option 2 for Human Resources.
Summit Racing Equipment and its entities provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Skills Required
- Two-year college degree in Marketing, Advertising, or Business
- Related consumer and Business-to-Business experience
- Fluency in calculating margin, gross profit, and cost-to-sales relationships
- Knowledge of industry best practices and adaptability to emerging tools and technology
- Project management experience
- Experience using spreadsheets and Microsoft Office products
- Automotive knowledge or mechanical aptitude in a related field
What We Do
Since 1968, Summit Racing Equipment has done business based on a simple formula: offer customers the parts they want, at a fair price, ship those parts fast, and back them with the best customer service in the world. And while racing is in our name, it’s just part of what we do. We offer a huge selection of parts for virtually everything from race cars to off-roaders, muscle cars to daily drivers, and more. Summit Racing Equipment has Everything You Need for Anything You Drive® along with the tools and garage gear to get the job done. We also have camping and recreation equipment, overlanding gear, and a full line of gifts, clothing, and memorabilia. We have many enthusiasts throughout our organization, but you don’t have to be an automotive enthusiast to join our team. If you’re passionate about providing the best experience possible to our customers and to your fellow team members, you’re in the right place—we’re powered by great people like you!
