We are seeking an exceptional Pricing Specialist to play a pivotal role in elevating our business's competitiveness and profitability. As a Pricing Specialist, you will lead efforts to analyze competitor pricing, build deep understanding of consumer behavior in various markets, create pricing strategy to gain market share and build revenue forecasts, and evaluate the results of various pricing strategies. This dynamic role demands an individual who can skillfully translate pricing data into actionable strategies that drive profits to new heights. This is high adrenaline job
- Evaluating data from diverse sources to extract valuable insights on pricing strategies and market dynamics.
- Examining competitor pricing and market trends to enhance market share and boost profitability.
- Monitoring customer engagement to formulate impactful pricing strategies for products and services.
- Applying statistical modeling techniques to assess the potential impact of pricing strategies on profitability.
- Proposing pricing strategies that closely align with market trends and identifying emerging market segments.
- Predicting revenue and market share by factoring in market trends, production costs, profit margins, and sales volumes.
- Collaborating with sales and marketing departments to craft and execute competitive pricing strategies.
- Creating dynamic pricing tools to adeptly respond to evolving market demands and trends.
- Building deep understanding of consumer behavior and purchase preference across regions and cities in India
- Staying current with the latest pricing analysis methodologies and industry trends.
- A bachelor's degree in mathematics, statistics, finance, economics, or in a related field.
- A master’s degree in business administration will be advantageous.
- A minimum experience of 4-5 years in a similar industry and role
- Deep understanding of consumer purchase behavior and pricing impact on those decisions
- Proficiency in business intelligence (BI) software will be preferred
- In-depth knowledge of statistical methods and data analysis.
- Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
- Experience in collaborating on pricing strategies with sales and marketing departments.
- Ability to keep abreast of industry trends and develop dynamic pricing tools.
- Advanced ability to present pricing analysis reports to relevant stakeholders.
- Excellent analytical and communication skills.