Thrive Market

Senior Manager, Pricing Strategy

Los Angeles, California, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
E-commerce, Retail, Consumer GoodsIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Exempt
  • Job Type: Full-Time
  • Salary: [Not specified]

Thrive Market was founded in 2014 with a mission to make healthy and sustainable living easy and affordable for everyone. As an online, membership-based market, we deliver the highest quality healthy, and sustainable products at member-only prices, while matching every paid membership with a free one for someone in need. Every day, we leverage innovative technology and member-first thinking to help our over 1,600,000+ members find better products, support better brands, and build a better world in the process. We are also a Certified B Corporation, a Public Benefit Corporation, and a Climate Neutral Certified company. Join us as we bring healthy and sustainable living to millions of Americans in the years to come.

The Senior Manager of Pricing Strategy will support the Merchandising team and help drive pricing excellence at Thrive Market. Reporting to the VP of Retail Operations, this role will lead the development and execution of pricing strategies that align with overall business goals and optimize for revenue and margin growth. We’re looking for a proactive and collaborative leader who can drive the creation of pricing insights reporting, support the development of pricing technologies, and work cross-functionally to contribute to Thrive Market’s broader strategic objectives.

Responsibilities

  • Lead the development and execution of pricing strategies for categories and products across diverse markets.
  • Oversee the implementation of pricing tools and technologies, collaborating closely with Product, Engineering, and Data Analytics teams.
  • Ensure accuracy in item matching, pricing rules, and pricing recommendations within pricing intelligence systems.
  • Develop and execute robust, action-oriented pricing insights reporting, including pricing performance, competitive indexing, elasticity, and revenue/margin optimization.
  • Conduct regular pricing reviews with the Merchandising team to recommend strategies that align with overall business objectives.
  • Establish and maintain pricing guidelines, processes, and controls to promote consistency and transparency across the Merchandising function.
  • Monitor and analyze industry pricing trends, competitor strategies, and customer feedback to refine pricing models as needed.
  • Communicate insights and strategic recommendations to senior leadership to support informed business decisions.
  • Identify opportunities for ongoing process improvements, cost efficiencies, and revenue growth.
  • Collaborate cross-functionally to deeply understand business goals and drive successful outcomes related to pricing performance.
  • Perform ad-hoc analyses to address questions around margin optimization and competitive positioning.

Requirements

  • 5–8 years of experience in merchandising, finance, sales analysis, or a related analytical field.
  • Bachelor’s degree required.
  • Proven self-starter with an innovative mindset and a drive to improve business strategies and processes.
  • Strong project management skills.

Company Information

Thrive Market is a Certified B Corporation, a Public Benefit Corporation, and a Climate Neutral Certified company. We are committed to making healthy and sustainable living accessible to everyone. We have over 1,600,000+ members.

Skills

Pricing strategies
Pricing tools and technologies
Data analytics
Pricing insights reporting
Cross-functional collaboration
Pricing optimization
Item matching
Pricing rules

Thrive Market

Online grocery retailer for organic products

About Thrive Market

Thrive Market operates an online platform for purchasing organic and non-GMO food products, catering to health-conscious individuals and families. Customers pay an annual membership fee to access a wide variety of grocery items, often at prices up to 30% lower than traditional retailers, thanks to a price matching policy. The platform also features services like 24/7 access to a personal shopper, known as a Thrive Guide, and fast, carbon-neutral shipping, which enhance the shopping experience. Thrive Market stands out from competitors by focusing on organic and sustainably sourced products, aligning with the growing consumer trend towards healthy eating and convenience. The company's goal is to make healthy living accessible and affordable for everyone.

Los Angeles, CaliforniaHeadquarters
2013Year Founded
$234.8MTotal Funding
CONVERTIBLECompany Stage
Food & Agriculture, Consumer GoodsIndustries
501-1,000Employees

Benefits

Health Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Mental Health Support
Employee Discounts

Risks

Increased competition from Amazon Fresh and Walmart Grocery threatens market share.
Dependence on membership fees is risky during economic downturns.
Supply chain disruptions could affect product availability and customer satisfaction.

Differentiation

Thrive Market offers 70+ filters for personalized diet and lifestyle shopping.
The company provides carbon-neutral shipping, enhancing its eco-friendly brand image.
Membership model includes price matching, offering competitive pricing to customers.

Upsides

Partnership with Instacart enhances brand visibility and provides a new revenue stream.
Collaboration with rePurpose Global aligns with consumer demand for sustainability.
Exclusive collaborations, like with LesserEvil, tap into the growing healthy snacks market.

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