Job Description
Job Description
Cartlow is the first App in the region to provide Pre-owned, Open-box, Refurbished and Clearance stock products while providing warranty, easy returns and the best value.
We are looking for an innovativepricing analystto increase our business’s competitiveness and profitability. In this role, you will be analyzing competitor pricing, preparing market share and revenue forecasts, and comparing the outcomes of different pricing strategies.
To ensure success as a pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. An accomplished pricing analyst is someone who can translate pricing data into actionable profit-enhancing strategies.
Pricing Analyst Responsibilities:Â
- Assessing data from a variety of sources to gain insights into pricing strategies and market trends .
- Analyzing competitor pricing and market trends to increase market share and profitability.
- racking customer engagement to develop effective pricing strategies for products and offerings.
- Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
- Recommending pricing strategies that align closely with market trends and identifying new market segments.
- Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.
- Developing dynamic pricing tools to effectively respond to changing market needs and trends.
- Preparing and presenting pricing analysis findings to executives, and sales/procurement teams.
- Keeping informed on pricing analysis methods and industry trends.
Requirements
- A bachelor’s degree in mathematics, statistics, finance, economics, or in a related field.
- A minimum of three 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.
- 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.