Role Type
Permanent
What You'll Be Doing
As an RGM Specialist, you will play a key role in developing, implementing, and managing pricing and RGM related strategies to enhance revenue, profitability and competitiveness for the South African Business. You will analyse market trends, competitor pricing, and consumer behaviour to make data-driven pricing decisions. This role requires a deep understanding of pricing strategies, financial analysis, market -, consumer- and shopper behaviour dynamics.
Key Responsibilities
Key Accountabilities
oCollaborate with cross-functional teams to develop pricing strategies that align with consumer needs, business objectives and market conditions.
oProvide pricing opportunities and threats to inform strategic and tactical decision making by analysing pricing data, commissioning and analysing market research, and competitive intelligence.
oContinuously monitor and adjust pricing structures to optimise revenue and profit and respond to market changes
oProvide guidance and recommendations on pricing for new products or product enhancements
oSupport development of strategic RGM guardrails for new channels
oLead implementation of RGM strategies and tactics holding respective stakeholders accountable for delivering KPIs
oResponsible to lead and coordinate annual pricing waves across all relevant stakeholders
oAccountable for ensuring pricing corridors maintenance in systems, ensuring accuracy and reliability of information.
oGenerate governance and dashboards to track pricing and RGM performance and provide insights to stakeholders, throughout the various business planning cycles.
oAnalyse the impact of pricing decisions on revenue, profitability, and market share and prepare financial forecasts and models to support pricing strategies and decisions. Support stakeholders with business case development.
oOngoing and ad-hoc analysis across all RGM levers including Portfolio and pricing architecture - PPA, promotion management, mix management, trade terms, etc. to identify opportunities for revenue growth and develop strategies to capitalise on them
oPerforming analysis from vast internal transaction data and external sourcing including RMS, Websraping, WTP, etc. Consolidate insights into actionable recommendations, reports and presentations
oDeploy and lead development of tools and provide ongoing training and support to local teams
oInfluence and provide input of local insights into Global RGM strategy to drive commercial excellence and alignment to consumers' needs for the SA business. Deploy global playbook and strategies at local level with stakeholders. Support global team with input as required.
oCoordinate revenue growth plans with commercial business and finance throughout planning and budgeting cycles
Key Influencers, Partnerships & Interaction Type
Position Specification / Job Factors
Work Experience & Education
Degree in Econometrics, Business, Finance or related fields.
Minimum of 3-5 years experience in pricing and revenue management roles.
Experience in Beauty or a related CPG industry is advantageous.
Skills & Competencies
Role Impact
Problem Solving
The role is highly complex by nature and focuses on solving specific RGM problems and providing business opportunities. The role is required to connect and analyse complex data and insights from various internal and external sources and to be comfortable to present data to key stakeholders, to work under pressure and influence cross functional teams.
Scope & Team
Relevant Team South Africa Commercial Marketing. Main responsibilities Revenue growth management, no direct reports, however strong cross functional leadership require and transfer of RGM capabilities across the organization.
What We Offer
At Avon, we believe beauty is for everyone and that its beautiful to be you. We celebrate our differences, champion self-expression and are committed to inclusion for all. We embrace diversity and individuality to build a culture that represents our communities and enables everyone to bring their best self to work. We also support reasonable adjustments both within our recruitment process and job design when required to empower you to work in a way that works for you. Ready to be a part of it? Join us.