Senior Manager, Pricing, Promotion & Trade, Home Appliance Solution Job at LG El

Senior Manager, Pricing, Promotion & Trade, Home Appliance Solution

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone.

A crafted employee experience designed to foster professional growth, a focus on health & well-being and an internal community that will set you up for success.

The Opportunity

A results-oriented senior manager of PP&T (Price, Promotion, and Trade) is sought to lead division\'s revenue growth and profitability by strategically managing pricing, promotional activities, and trade spend. This role requires working cross-functionally with various departments like Sales, Marketing, Finance, and Product Management to ensure alignment and effective implementation of pricing, trade, and promotional strategies.

Responsibilities

• Oversees ROI pre-assessment using sales forecasts to guide strategic resource allocation and investment decisions
• Develop and execute pricing strategies by aligning with product management team to set prices for products across various channels, optimizing price points
• Analyze market trends and competitive pricing to make informed pricing decisions and to identify opportunities for price optimization
• Develop and implement promotional strategies that align with business objectives and attract target audiences
• Monitor and evaluate promotional performance for adjustments based on performance and market trends
• Develop trade strategies and plans, collaborating with Sales, Marketing, and Finance to ensure alignment with the company\'s growth and profit objectives
• Optimize trade spending by analyzing trade promotion executions to uncover opportunities for improved ROI and influencing tangible improvements for key customers
• Present pricing analysis and recommendations to senior management and influencing decision-making processes

Job Requirements

• Bachelor’s degree in business, marketing, finance, or other related fields
• Master\'s degree (MBA) and/or professional certification (e.g., CPA, CFA) preferred
• Minimum 8 years of relevant work experience, with a focus on pricing, promotion management, or trade optimization
• In-depth understanding and experience in developing and implementing various pricing strategies (e.g., cost-based, competitive, penetration, value-based)
• Experience with analytical tools and methodologies for pricing and promotion optimization
• Proven ability to lead projects, influence cross-functional partners, and build strong relationships with stakeholders, including senior leadership
• Excellent written and verbal communication skills to present complex data and insights in a clear, concise, and compelling manner
• Experience working with and managing data warehousing systems for accessing and utilizing large datasets

Recruiting Range

$103,000—$175,000 USD

Benefits Offered Full-Time Employees

• No-cost employee premiums for you and your eligible dependents for medical, dental, vision and prescription benefits
• Auto enrollment with immediate vesting of company matching contributions in a 401(k) Retirement Savings Plan
• Generous Paid Time Off program including holidays and combined bank of paid sick and vacation time
• Performance-based Short-Term Incentives (varies by role)
• Access to confidential mental health resources
• Family-oriented benefits such as paid parental leave and support for families with children with learning, social, behavioral challenges, or developmental disabilities
• Group Rate Life and Disability Insurance

Benefits Offered Temporary/Contractors

• Eligible for the relevant benefit programs offered through our partner agencies

Privacy Notice

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by law. We support pay transparency and consider geographic pay differentials in final offers.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Marketing and Sales
• Industries: Consumer Electronics