Pricing Analyst at Farfetch

London, England, United Kingdom

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Luxury Fashion, E-commerceIndustries

Requirements

Experienced in Analytics, e-Commerce, or Consulting
Proven ability to work with and analyse large datasets: advanced Excel and SQL required
Highly organised with exceptional attention to detail and ability to work on multiple projects priorities effectively
A self-starter with strong curiosity, a growth mindset and a keen interest in pricing and commercial strategy
Confident collaborating across cross-functional teams and supporting stakeholder discussions
Excellent communicator, skilled at preparing and delivering insightful reports and strategic recommendations to senior leadership
(Nice to have) Knowledge of the fashion and luxury industry

Responsibilities

Contribute to high-impact, long-term and ad-hoc commercial initiatives that improve price competitiveness and profitability
Work with Brand Partnerships, Business Development, and Account Management teams to provide insights that support partner pricing strategies
Collaborate with Data Science on enhancing our pricing algorithm and testing new features
Assist Merchandising in translating pricing insights into product decisions
Partner with Finance to help validate forecasts and track pricing initiatives against business targets
Work with Product & Engineering teams to develop features that support partner pricing and improve customer experience
Support in delivering data-driven insights to inform pricing and commercial strategy
Help maintain and develop pricing tools, dashboards, and processes (in collaboration with BI)
Contribute to wider commercial projects as needed

Skills

Pricing Analysis

Data Analysis

Pricing Algorithms

Forecasting

Commercial Insights

Algorithm Testing

Brand Partnerships

Merchandising

Finance Collaboration

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters

2007Year Founded

$682.9MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.

Farfetch faces challenges in maintaining its presence in the Chinese market.

The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.

The platform offers modular, API-enabled technology for luxury fashion brands.

Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.

Farfetch can capitalize on Yoox Net-A-Porter's exit from China.

Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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