Sr Director Pricing and Promotion Strategy
ULTA Beauty, Bolingbrook, Illinois, United States, 60440
OVERVIEW
Discover greater levels of performance. With over 1,300 stores throughout the U.S. and an innovative omni‑channel ecosystem, Ulta Beauty is revolutionizing the beauty retail experience. Ulta Beauty is expanding its digital capabilities, opening new stores on a continual basis and re‑designing existing locations with the latest design and technological advancements for heightened guest experiences. We’re not just growing, we’re thriving through consistent innovation and a bold commitment to re‑imagination. If you want the opportunity to build something strategic, to take ownership of your career trajectory, to apply your passion to operational excellence, Ulta Beauty provides the kind of stability and support few organizations can match. So be curious. Be flexible. Be more than you thought possible. The future is yours at Ulta Beauty.
THE IMPACT YOU CAN HAVE: Responsible for defining Ulta Beauty’s enterprise pricing and promotional strategy—delivering compelling guest value and long-term margin growth. This role owns pricing architecture, promotional guardrails, governance, scenario planning and strategic analytics, and partners closely with Merchandising, Finance, Strategy, Marketing, and MPI to ensure seamless translation from strategy to execution.
YOU'LL ACCOMPLISH THESE GOALS BY: Enterprise Pricing & Promotional Strategy
Develop Ulta’s enterprise pricing and promotional strategy grounded in customer value, elasticity, competitive dynamics, and financial objectives.
Establish pricing and promotional guardrails, governance, and decision frameworks for Merchandising and cross‑functional teams.
Build pricing and promotional architecture—including price ladders, KVI strategy, promotional roles, depth/frequency guidance, and guardrails.
Lead scenario planning to evaluate growth, margin, and competitive tradeoffs.
Identify category and enterprise opportunities to rebalance pricing and promotional levers to optimize growth and profitability.
Strategic Analytics
Lead competitive and consumer pricing and promotional analytics to guide and optimize pricing and promotional strategy, including:
Guest value perception and price sensitivity
Competitive benchmarking (price ladder competitiveness and promo intensity, and architecture)
Scenario modeling and forecasted impacts
Strategic repositioning opportunities based on competitive landscape and value trends
Translate analytical insights into strategic recommendations for pricing and promotional plans.
Review and evaluate system‑generated pricing and promotional recommendations for alignment to strategic intent.
Recommend promotional design adjustments (depth, breadth, timing, mechanics, channel mix) to optimize investment.
Provide strategic guidance for brand negotiations and annual planning.
Partner with MPI to integrate hindsight learnings into future strategy, guardrails, and architecture.
Cross‑Functional Partnership
Serve as the enterprise leader for pricing & promo strategy, advising Merchants, Finance, Strategy, Marketing, Loyalty and MPI.
Translate strategy into clear requirements for MPI to execute pricing and promotions accurately and consistently.
Embed pricing & promo principles into category strategies, go‑to‑market planning, and brand negotiations, and annual plans.
Leadership & Capability Building
Build and lead a high‑performing team focused on pricing strategy and planning analytics.
Create repeatable tools, playbooks, and frameworks to elevate pricing capabilities across the enterprise.
Partner with Data Science and Technology to enhance modeling, analytics, and decision‑support tools.
THE ESSENTIALS FOR SUCCESS: Education & Experience
Bachelor’s degree required; MBA preferred.
10–15 years of experience in pricing strategy, promotional strategy, revenue growth strategy, or commercial strategy (retail/CPG strongly preferred).
Demonstrated experience in forward‑looking pricing/promo strategy and planning analytics—not only performance reporting.
5+ years of people leadership experience.
Strategy consulting background a plus.
Core Competencies
Deep strategic expertise in pricing & promotional mechanics, elasticity, competitive dynamics, and consumer value drivers.
Strong conceptual thinking and scenario modeling ability.
Excellent communicator with strong executive presence and influence.
Skilled at simplifying complexity and driving alignment across teams.
Highly collaborative, decisive, and comfortable navigating ambiguity.
Technical Skills
Advanced Excel and PowerPoint required.
Experience with pricing or promotional planning tools required.
Experience with SQL and data visualization tools highly preferred.
Familiarity with Circana/NIQ and competitive intelligence tools a plus.
The pay range for this position is $201,900.00 - $235,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company’s bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full‑time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part‑time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta
ABOUT At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well‑established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full‑service salon in every store featuring—hair, skin, brow, and make‑up services.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.
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THE IMPACT YOU CAN HAVE: Responsible for defining Ulta Beauty’s enterprise pricing and promotional strategy—delivering compelling guest value and long-term margin growth. This role owns pricing architecture, promotional guardrails, governance, scenario planning and strategic analytics, and partners closely with Merchandising, Finance, Strategy, Marketing, and MPI to ensure seamless translation from strategy to execution.
YOU'LL ACCOMPLISH THESE GOALS BY: Enterprise Pricing & Promotional Strategy
Develop Ulta’s enterprise pricing and promotional strategy grounded in customer value, elasticity, competitive dynamics, and financial objectives.
Establish pricing and promotional guardrails, governance, and decision frameworks for Merchandising and cross‑functional teams.
Build pricing and promotional architecture—including price ladders, KVI strategy, promotional roles, depth/frequency guidance, and guardrails.
Lead scenario planning to evaluate growth, margin, and competitive tradeoffs.
Identify category and enterprise opportunities to rebalance pricing and promotional levers to optimize growth and profitability.
Strategic Analytics
Lead competitive and consumer pricing and promotional analytics to guide and optimize pricing and promotional strategy, including:
Guest value perception and price sensitivity
Competitive benchmarking (price ladder competitiveness and promo intensity, and architecture)
Scenario modeling and forecasted impacts
Strategic repositioning opportunities based on competitive landscape and value trends
Translate analytical insights into strategic recommendations for pricing and promotional plans.
Review and evaluate system‑generated pricing and promotional recommendations for alignment to strategic intent.
Recommend promotional design adjustments (depth, breadth, timing, mechanics, channel mix) to optimize investment.
Provide strategic guidance for brand negotiations and annual planning.
Partner with MPI to integrate hindsight learnings into future strategy, guardrails, and architecture.
Cross‑Functional Partnership
Serve as the enterprise leader for pricing & promo strategy, advising Merchants, Finance, Strategy, Marketing, Loyalty and MPI.
Translate strategy into clear requirements for MPI to execute pricing and promotions accurately and consistently.
Embed pricing & promo principles into category strategies, go‑to‑market planning, and brand negotiations, and annual plans.
Leadership & Capability Building
Build and lead a high‑performing team focused on pricing strategy and planning analytics.
Create repeatable tools, playbooks, and frameworks to elevate pricing capabilities across the enterprise.
Partner with Data Science and Technology to enhance modeling, analytics, and decision‑support tools.
THE ESSENTIALS FOR SUCCESS: Education & Experience
Bachelor’s degree required; MBA preferred.
10–15 years of experience in pricing strategy, promotional strategy, revenue growth strategy, or commercial strategy (retail/CPG strongly preferred).
Demonstrated experience in forward‑looking pricing/promo strategy and planning analytics—not only performance reporting.
5+ years of people leadership experience.
Strategy consulting background a plus.
Core Competencies
Deep strategic expertise in pricing & promotional mechanics, elasticity, competitive dynamics, and consumer value drivers.
Strong conceptual thinking and scenario modeling ability.
Excellent communicator with strong executive presence and influence.
Skilled at simplifying complexity and driving alignment across teams.
Highly collaborative, decisive, and comfortable navigating ambiguity.
Technical Skills
Advanced Excel and PowerPoint required.
Experience with pricing or promotional planning tools required.
Experience with SQL and data visualization tools highly preferred.
Familiarity with Circana/NIQ and competitive intelligence tools a plus.
The pay range for this position is $201,900.00 - $235,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company’s bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full‑time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part‑time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta
ABOUT At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well‑established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full‑service salon in every store featuring—hair, skin, brow, and make‑up services.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.
#J-18808-Ljbffr