Pricing Executive

Job Title: Pricing Executive Location: Bangalore Employment Type: Full-Time About SAVOmart: SAVOmart is a fast-growing retail startup focused on providing high-quality groceries and FMCG products at affordable prices. SAVOmart is not just a grocery store, it’s a commitment to uplift and support our local neighborhoods. Role Overview: The Pricing Executive ensures that SAVOmart’s product prices remain competitive, profitable, and aligned with market trends. The role involves on-ground market checks, benchmarking prices, analyzing market trends, and supporting the central team in implementing timely price changes across stores. Key Responsibilities: ·      Conduct daily market visits in the designated area to gather information on selling prices, promotions, and product availability. ·      Benchmark competitor pricing for key products across our categories. ·      Track price movements, discounts, and schemes at both organized and unorganized retail outlets. ·      Maintain accurate price comparison reports in prescribed formats. ·      Share daily/weekly reports with category and pricing teams for decision-making. ·      Identify products with high price sensitivity or local variations and suggest corrections. ·      Verify and confirm the accuracy of in-store price labels and displays post-changes. ·      Monitor customer feedback and sales trends post price revisions. ·      Support the pricing manager in identifying margin gaps or price improvement opportunities. ·      Track competitor promotions, combo offers, and festival pricing patterns. ·      Assist in building a market intelligence database for periodic review. Eligibility Criteria: ·      Experience: Preferably 1–3 years in retail pricing, sales audit, merchandising, or field market research. ·      Language: Local language proficiency and basic English. ·      Other: Two-wheeler and smartphone mandatory for field data collection. Knowledge of Excel