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Job Description
- The Yield officer will coordinate closely with the pricing Officer & Procurement Manager.
- The strategic importance of this position is that the Yield Officer will be detrimental in the price-positioning as well as the optimization of yield, which -in turn- affects the product range, buying, selling prices as well as marketing activities.
- The role entails the selection of products producing the highest yield, monitoring product & brand performance to manage product range as per the company’s yield policy. The job is location-sensitive and requires thorough market research & excellent abilities to study market behavior (current) & trends (current & future outlook).
- Normally, a Yield specialist comes from an accounting or procurement background. Often will they report into marketing, procurement, or revenue management roles.
- Their track record will normally show them having worked in very dynamic businesses with changing rates such as Tourism, Hotels, online businesses, Airlines, etc.
- The importance of having a yield officer is in order to manage a dynamic pricing strategy based on scientific input.
- Ideally, the Yield officer will have worked in product administration related jobs on online platforms in Egypt.
- The candidate will analyze & implement a pricing structure for both angles of the business (Retailers & Consumers) that will reflect positively on the performance of sales throughout the network & in all product categories. In fact, the Yield officer shall be able to determine the revenue streams per category & product as well as forecast performance of newly introduced products. A Yield officer performs competitive analysis in order to place products in the correct price bracket.
- Yield officers are also in charge of introducing new products based on the outcome of their market research & studies. Additionally, a Yield Officer will study & evaluate market dynamics & consumer behavior in order to make the best recommendation to maximize performance.
Job Requirements
- Driving license
- Excellent communication skills
- Presentable
- Good English
- Excellent organizational skills
- Negotiation skills
- Hard worker
- Good communication skills
- Team worker
- Problem-solving skills