Buyer, Perpay Marketplace at Perpay

Philadelphia, Pennsylvania, United States

Perpay Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Retail, E-commerceIndustries

Requirements

  • Bachelor’s degree in business administration, marketing, or a related field
  • 2+ years experience in buying, merchandising, and/or business development in the retail industry

Responsibilities

  • Execute an assortment and pricing strategy that will enable the Perpay marketplace to achieve annual growth and total cost of ownership targets, while maintaining overall profitability
  • Support growth of marketplace through: assortment expansion and whitespace identification; new vendor prospecting and new vendor onboarding; development of industry and category knowledge
  • Lead negotiations with vendors on item costs, availability, terms and vendor programs
  • Collaborate with internal teams including marketing, product management, and finance, to ensure seamless integration of new vendors and products into the marketplace
  • Be the face of our organization and build brand awareness/attraction through proactive reach outs, trade shows, conferences, and more
  • Build trust quickly and lead by influence with the ability to translate between commercial and operational audiences

Skills

Buying
Merchandising
Business Development
Vendor Negotiation
Assortment Planning
Pricing Strategy
Vendor Onboarding
Retail Industry Knowledge

Perpay

Facilitates interest-free paycheck deduction payments

About Perpay

Perpay helps consumers make shopping more accessible and affordable by allowing them to purchase products through interest-free payments that are deducted directly from their paychecks. Users start by answering a few questions to determine their spending limit, which can range from $500 to $2,500. Once approved, they can shop immediately, with payments spread over a series of typically eight installments. This model is particularly useful for individuals who may not have access to traditional credit or who want to avoid high-interest rates. What sets Perpay apart from its competitors is its focus on interest-free payments and the simplicity of having payments deducted directly from paychecks, making the repayment process easier for users. The company's goal is to provide a hassle-free shopping experience that allows consumers to make significant purchases without incurring debt or interest.

Philadelphia, PennsylvaniaHeadquarters
2016Year Founded
$2.4MTotal Funding
ANGELCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Competitive salary + company equity
401k with company match
Medical / Dental / Vision insurance
Pre-tax Public Transportation benefit
Relocation assistance
Student loan company match
Gym subsidy with City Fitness
Cell phone plan
Paid parental leave
Unlimited PTO
Optional work from home (WFH) up to 4 weeks per year

Risks

Increased competition from fintech startups may erode Perpay's market share.
Regulatory scrutiny on income-based limits could raise compliance costs for Perpay.
Economic downturns may affect users' repayment ability, impacting Perpay's financial stability.

Differentiation

Perpay offers interest-free payments deducted directly from paychecks, simplifying user experience.
The company targets consumers avoiding traditional credit, providing a unique market position.
Perpay's model supports significant credit score increases, enhancing user financial health.

Upsides

Rising demand for flexible payment options boosts Perpay's interest-free installment model.
AI integration can refine Perpay's spending limit assessments, improving user experience.
Embedded finance trends offer Perpay expansion opportunities through e-commerce partnerships.

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