Sr Manager, Promotion Optimization- Ulta Beauty
Company: Ulta Beauty
Location: Bolingbrook
Posted on: May 13, 2022
Job Description:
OVERVIEW
Experience professional empowerment. With over 1,200 stores
throughout the U.S., designs to expand internationally, and a
thriving E-Commerce platform, Ulta Beauty provides its merchandise
associates the bandwidth needed to set new trends, identify
potential, and take calculated risks. For professionals with an
adventurous spirit who thrive in a collaborative context, who are
energized by ambiguity and problem-solving, who want to experience
the results of their efforts, and who are inspired by the
recognition of superior performance-we encourage you to make all of
it your own. Discover the possibilities of Ulta Beauty. And
experience greater heights of professional success & personal
satisfaction.
THE IMPACT YOU CAN HAVE:
The Senior Manager of Promotion Optimization will oversee the
implementation of the software, process, procedure and building a
core competency while ensuring successful integration and
acceptance of Promotion Advisor promotion optimization tool within
the organization. The candidate is responsible for providing
expertise on the promotions analytical approach,
developing/updating learnings, and guidelines on promo
effectiveness and from time to time maybe asked to use expertise to
initiate promotion test plans based on effectiveness learnings and
offer expertise as an advisor to the user group. The role will
assist in enabling dynamic pricing initiatives that result in more
effective and profitable promotions.
CORE JOB RESPONSIBILITIES:
Promotional Tool Implementation During FY 2022:
- Drives development and ensures successful implementation and on
going support of Promotion Optimization effectiveness tool
- Responsible for driving change management, training and
adoption of new tool and processes
- Ensures strong on-going communication on progress and
challenges during the development phase and as capabilities and
categories are deployedPromotional Strategy & Planning:
- Provides Planning & Optimization expertise on the promotions
analytical approach, guidelines and best practices and innovates
the approach as business needs and capabilities evolve
- Drive collaboration and partners with Merchandising & Strategy
teams to develop plans that align with sales and profit goals and
delivers end-to-end financial results. Recommends actions based on
historical performance and what if scenario results. Partner to
develop short and medium range plans while ensuring alignment to
annual or long range plans
- Responsible for promotional optimization software application &
process inclusive of future improvements and efficiencies while
engaging all business leaders and partners in the vision
- Working with key partners creates promotional test plans based
on promo effectiveness analysis and guidelines; monitors
performance and refines process based on learnings
- Deliver promotional analytical insights at an enterprise level,
risks and opportunities with specific actions to take to key
stakeholders on an on-going basis ensuring full visibility to
assumptions, modeling and scenarios
- Consistently reviews competitive landscape and category trends
and translate insights into actionable recommendations and shares
with organizatioOperations:
- Trains and is SME for the merchandising team and partners on
promotional guidelines and use of the Promotion Advisor system
- Creates a strong continuous improvement environment that
consistently improves on performance and communication for on-going
success and opportunitiesADDITIONAL CANDIDATE CHARACTERISTICS:
- Proven problem solver with excellent analytical skills.
- Strong collaborator who enjoys working in a dynamic,
cross-functional setting.
- Has demonstrated ability to proactively identify and mitigate
risks.
- Creates a positive uplifting work environment in-line with
Ulta's core values.
- Provides honest and constructive feedback.
- Position is not remote THE ESSENTIALS FOR SUCCESS:
- Undergraduate degree in Business or Marketing, MBA a plus
- 8+ years of retail merchandising experience, with min 3 years
time spent managing promotion management /promotion optimization
team in corporate environment with a deep understanding of
promotion optimization discipline/tool and willingness to engage
hands on
- Deep understanding of promotional concepts (baseline &
incremental sales & margin measurement, basket / traffic metrics,
vendor funding), price optimization/ analytical tools and
methodologies
- Experience leading large projects; consulting experience a
plus
- Demonstrated ability to create and execute to strategic plans
and priorities
- A Leader and Self-starter with demonstrated initiative and
problem solving skills with the willingness to learn and drive
change in a fast paced retail environment
- Minimal travel for conferences and occasional store
visitsDESIRED SKILLS & EXPERIENCE:
- Deep understanding of Promotion Optimization/Promotion
Management discipline
- Experience managing pricing zones and offer
personalization
- Experience as Pricing analyst or proven proficiency in that
role
- Ability to synthesizes complex or diverse information and
collect appropriate primary data when necessary while using
intuition and experience to draw implications
- Ability to use data and other facts to objectively influence
and persuade
- Excellent oral and written communication skills; ability to
effectively communicate to small and larger audiences
- MS office including Power point word & Excel ABOUT
At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful.
Ulta Beauty is the largest North American beauty retailer and the
premier beauty destination for cosmetics, fragrance, skin care
products, hair care products and salon services. We bring
possibilities to life through the power of beauty each and every
day in our stores and online with more than 25,000 products from
approximately 500 well-established and emerging beauty brands
across all categories and price points, including Ulta Beauty's own
private label. Ulta Beauty also offers a full-service salon in
every store featuring-hair, skin, brow, and make-up services.
We will consider for employment all qualified applicants, including
those with arrest records, conviction records, or other criminal
histories, in a manner consistent with the requirements of any
applicable state and local laws, including the City of Los Angeles'
Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair
Chance Ordinance, and the New York City Fair Chance Act. Associated
topics: broadcast, celebrity, freelance, invest, media, needs,
news, social media marketing, strategic, tv
Keywords: Ulta Beauty, Bolingbrook , Sr Manager, Promotion Optimization- Ulta Beauty, Executive , Bolingbrook, Illinois
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