BriefCase
BriefCase

Pricing Analyst Job in Zivame

Pricing Analyst

Zivame 4+ weeks ago
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Job Summary

Roles & Responsibilities

  • Analyse market trends, including competitors prices, consumer habits, marketing strategies and profitability
  • Synthesize external trends with internal data, including material costs, production costs, prices of products currently on the market, advertisement costs, current financial status, and budget
  • Deliver informed decisions about the appropriate price points for various products based on the analysis of internal and external data
  • Evaluate consumer trends and use them to advise when certain products should be rolled out on the market
  • Monitor the results of pricing decisions by evaluating performance in relation to budget and profit margins and communicating with the sales team regularly
  • Revise pricing decisions if necessary, and proactively monitor products performance to determine whether revaluation is needed
  • Maintain detailed records for individual products that can be used to evaluate future market trends and inform future pricing decisions
  • Tracking customer engagement to develop effective pricing strategies for products and offerings
  • Applying statistical modelling methods to determine the potential impact of pricing strategies on profitability
  • Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes
  • 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 through weekly or monthly meetings the brief given

Skills & Experience required

  • Bachelor s degree in economics, business, accounting, finance, or related field
  • At least two years of experience in business analytics
  • Communication skills, written and verbal
  • Analytical, evaluative, and data-driven mindset
  • Highly proficient in Excel, Database query
  • High levels of accuracy and attention to detail
Experience Required :

Fresher

Vacancy :

2 - 4 Hires

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