Pricing, Advertisement & Promotions Modernization
How might we transform siloed, manual pricing and promotions processes into an integrated, automated platform to drive faster campaign launches and improve pricing precision?
Overview
Product / Initiative: Pricing, Advertisement & Promotions Optimization
Role: Product Manager (Strategic Initiatives)
Location: Chicago, US
Scale: Top U.S. retailer with nationwide operations and multi-billion-dollar omnichannel business
Outcome: Defined a future-state product and process strategy projected to deliver $2M in annual benefits
Problem / Opportunity
The retailerβs pricing, advertisement, and promotions processes were fragmented, manual, and misaligned, resulting in:
Disconnected pricing and price planning workflows
Slow price change cycles due to complex approvals
Limited visibility into performance metrics for data-driven decisions
This lack of integration constrained agility, impacted margins, and created operational inefficiencies at scale.
Goals & Success Metrics
Primary Goal: Reimagine pricing and promotions workflows as a productized, scalable capability.
Success Metrics:
β³ 30% reduction in promotional cycle time
π Increased pricing agility and alignment across functions
π° $2M in projected annual benefits through streamlined workflows and smarter pricing decisions
Strategy & Approach
Defined a clear product vision for an integrated pricing and promotions platform.
Conducted journey mapping to identify bottlenecks, redundancies, and high-impact opportunities.
Partnered with marketing, pricing, operations, and finance teams to co-create desired outcomes.
Used an impact vs. effort framework to prioritize process and technology investments.
Identified capability gaps and proposed a phased roadmap toward automation and intelligence.
Solution & Execution
Proposed an end-to-end product architecture integrating pricing and promotional planning workflows.
Recommended rules-based pricing automation to streamline approvals and reduce delays.
Defined MVP scope focused on quick wins β price change setup automation and standardized pricing logic.
Developed a scalable rollout roadmap, aligning technical, business, and operational stakeholders.
Secured executive alignment by linking recommendations to measurable business impact.
Impact & Results
π° $2M annualized benefit identified through process efficiencies and pricing improvements.
π Accelerated price changes by streamlining handoffs and approvals.
π§ Improved decision velocity through unified pricing and promotional insights.
π Established a product strategy foundation for future analytics and optimization capabilities.
Frameworks Used
Impact vs Effort Value Prioritization to maximize ROI
North Star Metrics & KPI Trees for modernization goals
Capability Roadmap Framework for phased delivery
Journey Mapping & User Research to uncover inefficiencies
Experimentation & MVP Pilots to validate automation concepts
Strategic Alignment Framework for funding & exec buy-in
My Role & Contributions
Defined modernization strategy to transform siloed pricing and promotions workflows.
Applied impact vs effort value frameworks and North Star metrics to focus investment.
Conducted user research across pricing, marketing, and ops to shape the capability roadmap.
Led experimentation pilots to validate automation and workflow improvements.
Partnered with senior leadership to secure funding and alignment.
Delivered a $2M projected benefit blueprint and positioned platform for advanced pricing intelligence.
Retrospective & Learnings
What worked: Framing operational improvements as a product strategy strengthened executive alignment.
Improvement area: Earlier technical feasibility checks would have accelerated MVP definition.
Key learning: Treating internal processes as products with clear metrics and roadmaps drives sustainable, scalable business value.