- Determine competitive pricing strategies to gain market share and achieve revenue goals.
- Analyse our products to develop pricing models that maximize margin; taking into consideration relevant marketing and sales data, as well as business trends.
- Collaborate with departments and key individuals, including Key Account Managers, Executives, Divisional Heads, and product developers to ensure optimal product margins develop sales strategies.
- Conducting store visits and identifying opportunities for new products.
- Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.
- Preparing and presenting pricing analysis findings to executives, product developers and Directors
- Prepare pricing models to determine the potential impact of pricing strategies on profitability.
- Analysing competitor pricing and market trends to increase market share and profitability.
- A bachelor's degree in mathematics, statistics, finance, economics, or in a related field.
- A minimum of two years' experience as a pricing analyst in a similar industry.
- Proficiency in business intelligence (BI) software.
- In-depth knowledge of statistical methods and data analysis.
- Extensive experience in analysing 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.
