We are looking for a pricing analyst who will contribute strategically to our pricing strategy and profitability. The successful candidate will be responsible for determining the appropriate pricing for company products based on a variety of factors, carry out market research to study competitor prices for similarproducts, review sales data and decide on a market price for a range of products based on their evaluation.
Duties
Price audit and quotation approval of the company’s products.
Analyze pricing data from industry standards, previous sales trends and competitors and report data to decision-makers.
Identify marketing strategies to increase profits, monitor industry benchmarks and changes that may impact pricing strategies.
Develop measurement tools to identify changing market trends.
Identify appropriate sales and clearance prices to increase customer traffic.
Compare sales trends to previous periods and determine the cause for decrease or increase.
Monitor industry benchmarks and changes that may impact pricing strategies.
Qualifications
Bachelor’s degree in business Admin, statistics or related field
Min 3-5 years of experience as a pricing analyst or a similar analytical role in a manufacturing and sales firm or FMCG.
Knowledge of mechanical and electrical product pricing strategies, market dynamics and financial modelling is an added advantage.