Pricing & Promotion Analytics Intern – Retail

About the Company

Target Corporation is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. Founded in 1902 as Dayton’s original store in Minneapolis, it has grown to become a leading general merchandise retailer known for its stylish yet affordable products. Target operates thousands of stores across the United States and offers a wide array of products including apparel, home goods, electronics, groceries, and much more, aiming to deliver an exceptional shopping experience to its guests.

Job Description

As a Pricing & Promotion Analytics Intern at Target, you will gain hands-on experience in the dynamic world of retail analytics. This internship offers a unique opportunity to contribute to data-driven decision-making processes that impact pricing strategies and promotional effectiveness across various product categories. You will work closely with experienced analysts, learning to extract insights from large datasets, analyze market trends, and evaluate the performance of pricing models and promotions. This role is designed for individuals eager to develop their analytical skills, understand consumer behavior, and learn how analytics drives business outcomes in a fast-paced retail environment. You will receive comprehensive training and mentorship, preparing you for a successful career in data science or business analytics.

Key Responsibilities

• Assist in the collection, cleaning, and analysis of large datasets related to pricing, promotions, and sales performance.
• Support the development and maintenance of analytical models to predict the impact of pricing changes and promotional campaigns.
• Prepare reports and dashboards to visualize key performance indicators and present findings to team members.
• Conduct ad-hoc analysis to answer specific business questions regarding pricing elasticity and promotional effectiveness.
• Collaborate with cross-functional teams, including merchandising and marketing, to understand business needs and translate them into analytical projects.
• Participate in team meetings and contribute to brainstorming sessions for new analytical approaches.

Required Skills

• Currently pursuing a Bachelor's or Master's degree in Business Analytics, Statistics, Economics, Mathematics, Computer Science, or a related quantitative field.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, data manipulation).
• Basic understanding of statistical concepts.
• Eagerness to learn and a strong curiosity about data and retail business.
• Excellent communication and interpersonal skills.

Preferred Qualifications

• Familiarity with data visualization tools (e.g., Tableau, Power BI).
• Experience with SQL or other programming languages for data manipulation (e.g., Python, R).
• Previous coursework or projects involving statistical modeling or data analysis.
• Understanding of retail business operations and consumer behavior.

Perks & Benefits

• Competitive hourly pay.
• Opportunity to work with real-world retail data and impact business decisions.
• Mentorship from experienced data scientists and analysts.
• Exposure to cutting-edge analytical tools and methodologies.
• Professional development workshops and networking opportunities.
• Potential for future full-time employment opportunities upon successful completion of the internship.

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