Pricing and Market Intelligence Specialist at Drugstore Nigeria

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
109519
Job Views
58

Job Description






Role Summary:



The Pricing and Market Intelligence Specialist will play a critical role in developing pricing strategies, analyzing market trends, and providing actionable insights to drive competitive advantage. This role demands strong analytical skills, a deep understanding of the pharmaceutical market, and the ability to synthesize data into business recommendations.



Key Responsibilities:




  1. Pricing Strategy Development


    • Develop and implement pricing strategies for pharmaceutical products to ensure competitiveness and profitability.

    • Monitor pricing trends and adjust strategies to respond to market dynamics.



  2. Market Analysis

    • Conduct comprehensive market research to assess competitor pricing, market demand, and customer preferences.

    • Identify opportunities for product positioning and differentiation.



  3. Data Collection and Reporting

    • Gather and analyze data from various sources, including internal sales data, market reports, and customer feedback.

    • Prepare detailed reports and dashboards to present findings to stakeholders.



  4. Stakeholder Collaboration

    • Work closely with sales, procurement, and marketing teams to align pricing strategies with business goals.

    • Provide recommendations to leadership based on market insights.



  5. Regulatory and Economic Awareness

    • Stay updated on regulatory changes, currency fluctuations, and economic trends affecting pricing strategies.

    • Ensure compliance with industry standards and guidelines.





Qualifications & Skills:




  • Bachelor’s degree in Economics, Business Administration, Data Analytics, or related field (Master’s degree preferred).

  • Minimum of 3-5 years of experience in pricing, market intelligence, or a related role, preferably in the pharmaceutical or healthcare industry.

  • Strong analytical and quantitative skills, with expertise in tools such as Excel, Power BI, or similar software.

  • Excellent communication and presentation skills.

  • Ability to work cross-functionally in a fast-paced environment.

  • Knowledge of the pharmaceutical landscape in Nigeria is highly desirable.



What We Offer:




  • A dynamic and innovative work environment.

  • Competitive salary and benefits package.

  • Opportunities for career advancement.



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