Pricing Analyst Job Description
As a Pricing Analyst, you will be responsible for conducting extensive research and data analysis to evaluate pricing performance and identify areas for improvement. You will collaborate with cross-functional teams including sales, marketing, and finance to develop and implement pricing strategies that align with business goals. Additionally, you will monitor pricing trends and market conditions to ensure the company remains competitive.
Responsibilities
- Conduct pricing analysis by analyzing market trends, competitor pricing, and customer behavior.
- Identify opportunities for price optimization and recommend pricing strategies to maximize profitability.
- Collaborate with sales, marketing, and finance teams to develop and implement pricing strategies.
- Monitor pricing trends and market conditions to ensure competitiveness.
- Analyze the impact of pricing changes on sales volume and revenue.
- Prepare pricing reports and presentations for management.
- Keep abreast of industry developments and best practices in pricing analytics.
Qualifications
- Bachelor's degree in finance, economics, or a related field.
- Previous experience in pricing analysis or related field.
- Strong analytical skills with the ability to interpret complex data.
- Proficiency in using data analysis tools and software.
- Excellent communication and presentation skills.
- Ability to work collaboratively in a fast-paced, cross-functional environment.
- Attention to detail and ability to meet deadlines.
Skills
- Data analysis
- Market research
- Pricing strategy
- Financial analysis
- Excel
- Data visualization
- Communication
- Presentation skills