Pricing Analyst

TCS is hiring for Pricing Analyst role !!

Qualification : - Minimum 15 years of regular, full-time education (10 + 2 + 3) is mandatory.

Shift : US / UK Shift

Job Description-

• Experience working as a pricing analyst in the same industry - Strong knowledge about the industry including competitors and market trends
• 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.
• Tracking customer engagement to develop effective pricing strategies for products and offerings.
• Scope out opportunities based on market trends and industry condition.
• 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.
• Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.
• 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.
• Should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role.
• Experience in pricing data into actionable profit-enhancing strategies.
• Identify ideal pricing structures and sales funnels
• Draft strategic pricing plans and processes to improve existing projects
• Create reports reflecting metrics and project status, objectives and barriers
• Work with the sales and marketing team to define pricing structure for company products
• Supporting the Merchandising Team with the implementation of billings, cost changes, customer support, and data integrity review.

Regards

Ritika Jagwani (HR)