Location: Boston, MA
About Wayfair: Wayfair is a publicly traded e-commerce company that offers an extensive selection of home furnishings and décor across all styles and price points. The Wayfair family of brands includes:
- Wayfair, an online destination for all things home
- Joss & Main, where beautiful furniture and finds meet irresistible savings
- AllModern, a go-to online source making modern design more accessible
- Birch Lane, a collection of classic furnishings and timeless home décor
- Perigold, a luxury furniture and décor site
Wayfair generated more than $9 billion in net revenue in 2019. Headquartered in Boston, Massachusetts with operations throughout North America and Europe, the company employs more than 17,000 people.
LEADERs Opportunity:
Wayfair is looking for economists with excellent applied research and a track record of success, who have the ability to tackle difficult empirical problems. Causal inference, tightly coupled with principled experimentation and insights from economic theory, are essential to driving the decision making algorithms that power our core business. We build our systems from the ground up with economic fundamentals in mind.
What You’ll Do
● Help us price millions of products in a complex, two-sided marketplace.
● Measure the demand response to various business decisions, using both observational and experimental methods.
● Address a variety of supply-side questions, like product selection.
● Forecast demand at scale using a combination of time series and machine learning techniques
Disciplines: Background in one of the following is preferred: in applied microeconomics, applied microeconomic theory, empirical industrial organization, labor economics,
econometrics, experimental economics, development economics, behavioral economics, causal inference, time series econometrics, quant marketing
What You’ll Need | Qualifications:
● Currently pursuing a Ph.D. in Economics or a related field (quant marketing, finance).
● Appetite for collaborating in a highly interdisciplinary environment with other social scientists, computer scientists, statisticians, operations researchers, and engineers.
● Passion for communicating and creating visualization of complex material in a concise and precise way.
● Strong applied statistics background and practical experience handling data, ideally including proficiency in R or Python (fluency in SAS, Stata, or Matlab at a minimum)
No matter the position that you choose, you will have the opportunity to play a critical role in a growing company while also operating with a high level of executive visibility. The team is focused on creating strategic solutions that steer customer behavior, influence key decision making and quantify our impact within the e-commerce space. Our diverse and fun employees enjoy an environment of strong ownership and quick feedback from building, experimenting and iterating on high-impact work.