Manager- Pricing Analyst

2 - 4 years

11 - 18 Lacs

Posted:2 months ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Pricing Analyst Manager A "Pricing Analyst Manager" is responsible for developing and executing pricing strategies to optimize revenue, profitability, and customer experience. This role involves analyzing market data, competitor pricing, and internal performance metrics to determine optimal pricing strategies for products and services. Key Responsibilities of a Pricing Analyst Manager: Developing and implementing pricing strategies: This includes setting base prices, managing discounts, and running promotions to maximize revenue and profitability while attracting customers. Analyzing market data: Monitoring competitor pricing, demand trends, and customer behavior to identify opportunities for price optimization. Analyzing sales data: Evaluating sales performance to identify pricing errors and improve future pricing strategies. Working with cross-functional teams: Collaborating with product management, marketing, and operations teams to align pricing strategies with overall business objectives. Ensuring accurate and competitive pricing: Maintaining up-to-date pricing information and ensuring that prices are competitive within the market. Using analytical tools and techniques: Employing data analysis techniques to identify patterns and trends in pricing and sales data. Automating pricing mechanisms: Working with product teams to automate pricing based on rule-based and objective maximization mechanisms. Monitoring inventory health and liquidation: Keeping a close watch on inventory health and taking remedial measures through liquidation frameworks. Skills and Qualifications: Strong analytical skills: Ability to analyze data and identify trends. Understanding of pricing principles: Knowledge of pricing strategies, including cost-plus pricing, value-based pricing, and competitive pricing. Experience in e-commerce or retail: Familiarity with the dynamics of online marketplaces and brick-and-mortar retail. Experience with analytical tools: Proficiency in using software like Excel, SQL, or other data analysis tools. Excellent communication and collaboration skills: Ability to effectively communicate with cross-functional teams.

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