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Pricing Associate, Fine Jewelry and Watches

Role overview

Qualifications

  • Bachelor's degree or equivalent experience required
  • 3-4+ years of proven success in merchandise planning, financial planning, strategy or business analytics
  • Prior experience pricing and evaluating branded and non-branded fine jewelry and watches
  • Very proficient in Microsoft Office and advanced ability in Excel; experience with G Suite a plus

Responsibilities

  • Evaluate and implement pricing strategies and models based on current business and competitive market dynamics
  • Perform rigorous data analysis to develop and inform demand forecasts and pricing strategies in partnership with the Merchant team
  • Identify, implement, and lead coordination of educational and pricing initiatives for internal teams
  • Collaborate daily with the Merchandising and Planning teams to manage category KPIs, set velocity targets, and push the business forward

Key facts

Other skills

  • Microsoft Office
  • Microsoft Excel
  • Analytical Skills
  • Problem Solving
  • Time Management
  • Organizational Skills
  • Detail Oriented
  • Teamwork

About the company

The RealReal logo

The RealReal

Retail – Supermarkets & Hypermarkets

The RealReal is the world’s largest online marketplace for authenticated, resale luxury goods. With a rigorous authentication process overseen by experts, we provide a safe and reliable platform for consumers to buy and sell their luxury items. As a sustainable company, we give new life to pieces by hundreds of brands, from Gucci to Cartier, supporting the circular economy. We make consigning effortless with free in-home pickup, drop-off service, virtual appointments, and direct shipping.

Company details

Company typeLarge
IndustryRetail – Supermarkets & Hypermarkets
Company size1001 - 5000

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Job description

About The Role

As a Pricing Associate, Fine Jewelry and Watches at TheRealReal, you will own the day-to-day pricing of items across Fine Jewelry and Watches. At the heart of the merchandising team, you will be responsible for supporting pricing execution, pricing analysis and providing insights and actions to drive sell through.

You’ll bring your expertise of the market, trends and analytics to the table. We’re looking for a process-driven individual who has extraordinary attention to detail and wants to hone their analytical skill set.

What You Get To Do Everyday

  • Evaluate and implement pricing strategies and models based on current business and competitive market dynamics.

  • Perform rigorous data analysis to develop and inform demand forecasts and pricing strategies in partnership with the Merchant team.

  • Identify, implement, and lead coordination of educational and pricing initiatives for internal teams.

  • Perform ad hoc and competitive analysis to identify risks, opportunities, and aged product re-pricing actions to drive sales.

  • Collaborate daily with the Merchandising and Planning teams to manage category KPIs, set velocity targets, and push the business forward.

  • Deliver weekly performance insights and strategic context for weekly business reviews, as well as comprehensive monthly category summaries.

  • Partner with Business Intelligence, Copy Editing, Site Merchandising, Quality Control, and Product Management on day-to-day operations, testing feedback, and strategic projects.

  • Leverage financial acumen to analyze sales performance, run scenarios, and revise forecasts.

What You Bring To The Role

  • Bachelor's degree or equivalent experience required

  • 3-4+ years of proven success in merchandise planning, financial planning, strategy or business analytics

  • Prior experience pricing and evaluating branded and non-branded fine jewelry and watches

  • Very proficient in Microsoft Office and advanced ability in Excel; experience with G Suite a plus

  • Strong Analytical, Merchandise Planning, Financial Modeling, & Problem Solving Skills

  • Ability to handle multiple work streams with proven success in analyzing large data sets related to a wide variety of business problems

  • Comfortable and confident making data driven recommendations

  • Exceptional time management and organizational skills

  • Thrives in a fast paced environment where the only constant is change

  • Team player who is able to work effectively and collaboratively across multiple departments

Compensation, Benefits, + Perks

  • Employee Stock Purchase Plan

  • 401K with Company Match

  • Medical, Dental & Vision Insurance

  • Paid Parental Leave

  • 9 Paid Company Holidays

  • Flexible Time Off (With Manager Approval)

  • Find out more about our Benefits here.

The expected salary range for this role is $70,786.00-$85,170.00. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate’s skills, experience, market demands, and internal parity. Additionally, salary is just one component of TRR’s total rewards package. Depending on role, employees may also be eligible for a bonus program, incentive pay and benefits.

The RealReal is the world’s largest online marketplace for authenticated, resale luxury goods, with 37 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. We have hundreds of in-house gemologists, horologists, and brand authenticators who inspect thousands of items each day. As a sustainable company, we give new life to pieces by thousands of brands across numerous categories—including women's and men's fashion, fine jewelry and watches, art, and home—in support of the circular economy. We make selling effortless with free virtual appointments, in-home pickup, drop-off, and direct shipping. We handle all of the work for consignors, including authenticating, using AI and machine learning to determine optimal pricing, photographing and listing their items, as well as shipping and customer service. 

The RealReal is committed to providing an equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or Veteran status. We will consider qualified applicants for a position regardless of arrest or conviction records. At TRR, People Come First. That’s why diversity and inclusion are vital to our priorities as an equal opportunity employer. You can read about our Diversity Equity and Inclusion program here.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand; walk; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. 

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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