Posted:1 week ago| Platform: Naukri logo

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Full Time

Job Description

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.

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