Pricing Analyst Position Available In Bristol, Massachusetts
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Job Description
Position Summary:
?We are looking for an innovative pricing analyst toincrease our business’s competitiveness and profitability. In thisrole, you will be analyzing competitor pricing, preparing market shareand revenue forecasts, and comparing the outcomes of different pricingstrategies. To ensure success as a pricing analyst, you should possesssound knowledge of quantitative and qualitative data analysis methodsand experience in a similar role. An accomplished pricing analyst issomeone who can translate pricing data into actionable profit-enhancingstrategies. What you?
ll do:
Assessing data from a variety of sources togain insights into pricing strategies and market trends. Analyzingcompetitor pricing and market trends to increase market share andprofitability. Tracking customer engagement to develop effective pricingstrategies for products and offerings. Applying statistical modelingmethods to determine the potential impact of pricing strategies onprofitability. Recommending pricing strategies that align closely withmarket trends and identifying new market segments. Forecasting revenueand market share based on market trends, production costs, profitmargins, and sales volumes. Collaborating with sales and marketingdepartments on developing and implementing competitive pricingstrategies. Developing dynamic pricing tools to effectively respond tochanging market needs and trends. Preparing and presenting pricinganalysis findings to executives, marketing teams, and sales staff.
Keeping informed on pricing analysis methods and industry trends. ?
About you:
A bachelor’s degree in mathematics, statistics, finance,economics, or in a related field. A master?s degree in businessadministration will be advantageous. A minimum of five years’experience as a pricing analyst in a similar industry. Proficiency inbusiness intelligence (BI) software In-depth knowledge of statisticalmethods and data analysis. Extensive experience in analyzing pricingstrategies and forecasting revenue and market share. Experience incollaborating on pricing strategies with sales and marketingdepartments. Ability to keep abreast of industry trends and developdynamic pricing tools. Advanced ability to present pricing analysisreports to relevant stakeholders. Excellent analytical and communicationskills.
