Pricing Analyst Job in Zivame

Roles & Responsibilities

• Analyse market trends, including competitors prices, consumer habits, marketing strategies and profitability
• Synthesize external trends with internal data, including material costs, production costs, prices of products currently on the market, advertisement costs, current financial status, and budget
• Deliver informed decisions about the appropriate price points for various products based on the analysis of internal and external data
• Evaluate consumer trends and use them to advise when certain products should be rolled out on the market
• Monitor the results of pricing decisions by evaluating performance in relation to budget and profit margins and communicating with the sales team regularly
• Revise pricing decisions if necessary, and proactively monitor products performance to determine whether revaluation is needed
• Maintain detailed records for individual products that can be used to evaluate future market trends and inform future pricing decisions
• Tracking customer engagement to develop effective pricing strategies for products and offerings
• Applying statistical modelling methods to determine the potential impact of pricing strategies on profitability
• 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, marketing teams, and sales staff through weekly or monthly meetings the brief given

Skills & Experience required

• Bachelor s degree in economics, business, accounting, finance, or related field
• At least two years of experience in business analytics
• Communication skills, written and verbal
• Analytical, evaluative, and data-driven mindset
• Highly proficient in Excel, Database query
• High levels of accuracy and attention to detail