Pricing Analyst

TCS

US/UK

Role & responsibilities

Experience working as a pricing analyst in the same industry - Strong knowledge about the industry including competitors and market trends
Assessing data from a variety of sources to gain insights into pricing strategies and market trends.Analyzing competitor pricing and market trends to increase market share and profitability.Tracking customer engagement to develop effective pricing strategies for products and offerings.Scope out opportunities based on market trends and industry condition.Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.Recommending pricing strategies that align closely with market trends and identifying new market segments.Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.Developing dynamic pricing tools to effectively respond to changing market needs and trends.Preparing and presenting pricing analysis findings to executives, marketing teams, and sales staff.Should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. Experience in pricing data into actionable profit-enhancing strategies.Identify ideal pricing structures and sales funnelsDraft strategic pricing plans and processes to improve existing projectsCreate reports reflecting metrics and project status, objectives and barriersWork with the sales and marketing team to define pricing structure for company productsSupporting the Merchandising Team with the implementation of billings, cost changes, customer support, and data integrity review

Regards

Ritika Jagwani (HR)