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Job Description
- We are looking for an innovative pricing analyst to increase our business's competitiveness and profitability pricing analyst synthesizes data from different departments in the company to come to a decision about what price you should offer your products for.
- Considering production costs, the competition’s strategy, consumer trends, product quality and marketing. Pricing analysts not only recommend price points.
Job Responsibilities:
- Perform competitor analysis on similar products and services
- Scope out opportunities based on market trends and industry condition
- Identify ideal pricing structures and sales funnels
- Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability
- Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes
- Communicate findings effectively to relevant departments of the company
- Work with the sales and marketing team to define pricing structure for company products
- Tracking customer engagement to develop effective pricing strategies for products and offerings.
- Revise pricing decisions if necessary, and proactively monitor products’ performance to determine whether reevaluation is needed
Job Requirements
- Professional knowledge of Microsoft office (Word, Power point, Excel, Access)
- Professional command of the English language
- Very good communication skills
