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Job Title: Director, Strategic Pricing (Digital Marketing)
Company Name: Thomson
Location: Eagan, MN United States
Position Type: Full Time
Post Date: 11/18/2024
Expire Date: 12/18/2024
Job Categories: Accounting/Auditing, Advertising/Marketing/Public Relations, Arts, Entertainment, and Media, Computers, Software, Finance/Economics, Financial Services, Information Technology, Legal, Sales, Research & Development, Environmental, Nonprofit and Volunteer Services
Job Description
Director, Strategic Pricing (Digital Marketing)

The Director, Strategic Pricing will play a pivotal role in shaping and executing the pricing strategies for FindLaw, a leading digital marketing solutions provider to smaller law firms. The successful candidate will lead a small team of analysts responsible for developing and implementing pricing structures that optimize revenue generation while ensuring competitiveness in the market. The ideal candidate will possess a deep understanding of digital advertising ecosystems, dynamic ad pricing, emerging monetization trends, and competitive landscapes. They will collaborate closely with cross-functional teams to align pricing strategies with business objectives and market dynamics.

About the Role

  • Develop and execute pricing strategies for digital marketing products and services, with a particular focus on pricing online legal directory listings across FindLaws network of leading sites.
  • Partner with Product on the design and implementation of an ongoing process to refine online directory pricing multiple times per year, leveraging performance, discount, and sales data.
  • Design and implement pricing models that align with different customer segments and value propositions.
  • Conduct comprehensive market analysis to identify pricing opportunities, competitive positioning, and emerging trends.
  • Monitor and analyze pricing performance metrics, such as pricing elasticity, customer acquisition cost, and lifetime value, to optimize pricing strategies.
  • Collaborate with sales, marketing, and product teams to understand customer needs, market demand, and product capabilities.
  • Provide leadership and guidance to pricing analysts and cross-functional teams to ensure effective execution of pricing initiatives.
  • Drive continuous improvement in pricing processes, tools, and methodologies to enhance efficiency and effectiveness.
  • Collaborate with finance and accounting teams to ensure accurate pricing modeling, forecasting, and financial reporting.

About You

  • Bachelor's degree in Business, Economics, Finance, or related field; MBA or advanced degree preferred.
  • Minimum of 7 years of experience in pricing strategy, revenue management, or related fields, preferably in the digital advertising industry.
  • Deep understanding of digital advertising ecosystems, including programmatic advertising, display advertising, search advertising, social media advertising, and emerging formats.
  • Proven track record of developing and implementing successful pricing strategies that drive revenue growth and market share expansion.
  • Strong analytical skills with proficiency in data analysis, financial modeling, and pricing optimization techniques.
  • Excellent communication and presentation skills, with the ability to articulate complex concepts and influence stakeholders at all levels of the organization.
  • Strategic thinker with the ability to anticipate market trends, identify growth opportunities, and make data-driven decisions.
  • Strong leadership skills with experience leading cross-functional teams and driving collaboration in a fast-paced environment.
  • High level of integrity, professionalism, and accountability.

#LI-D2E

What's in it For You?
You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

  • Hybrid Work Model: Weve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected

  • Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.

  • Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.

  • Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters caf networking.

  • Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.

  • Purpose Driven Work: We have a superpower that weve never talked about with as much pride as we should we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.


Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, weve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the worlds most global news services Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.

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Website:https://careers.thomsonreuters.com/us/en/job/THTTRUUSJREQ179950EXTERNALENUS/Director-Strategic-Pricing-Digital-Marketing?utm_source=hbcuconnect&utm_medium=phenom-feeds
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