Pricing Analyst

Nauticalinfo Solutions is looking for Pricing Analyst to join our dynamic team and embark on a rewarding career journey Data Analysis: Analyze market trends, competitor pricing, and historical sales data to identify pricing opportunities and threats
Pricing Strategy Development: Develop and recommend pricing strategies that align with business goals, considering factors like cost, demand, and market conditions Profitability Analysis: Conduct profitability assessments to evaluate the impact of different pricing scenarios on the company's revenue and margins Price Optimization: Implement pricing models and tools to optimize prices based on customer segmentation, product features, and seasonality Competitive Analysis: Monitor competitors' pricing strategies, promotions, and market positioning to make informed pricing decisions Collaboration: Work closely with sales, marketing, finance, and product development teams to ensure pricing strategies align with overall business strategies Performance Monitoring: Monitor the performance of pricing strategies, evaluate their effectiveness, and propose adjustments as needed Reporting: Prepare and present reports, dashboards, or presentations to stakeholders, communicating insights and recommendations derived from pricing analysis Skills and Qualifications:Analytical Skills: Strong quantitative and analytical skills to interpret data, identify trends, and derive actionable insights Business Acumen: Understanding of business principles, market dynamics, and the impact of pricing strategies on profitability Financial Modeling: Proficiency in financial analysis, modeling, and forecasting to assess the financial implications of pricing decisions Communication: Excellent verbal and written communication skills to convey complex pricing concepts and strategies to diverse stakeholders Attention to Detail: Ability to pay attention to detail while working with large datasets and performing complex analysis Tools and Software: Proficiency in Excel or other analytical tools; familiarity with pricing software and databases is a plus Disclaimer: This job description has been sourced from a public domain and may have been modified by Naukri.com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.