Pricing Analyst - Cape Town at Clicks Group

Job description

• To monitor the effects of the pricing strategy based on insights gained from scenario analysis considering category elasticity and price zones.
• To executive recommendations based on alignment to business pricing strategy.
• To maintain pricing rules such as Good/Better/Best and assist the categories in applying these rules accurately.
• To review, propose and manage all pricing rules on a monthly basis.
• Review competitor promotional pricing trends and provide insights to the category teams to enhance competitive advantage.
• To oversee and report on deviations to system recommended pricing on a weekly basis
• To extract and review weekly competitor price recommendations and inform decision makers of insights gained.
• Analyse performance in relation to competitors and make recommendations on new competitor data sets and new price zones.
• Work with Category and Space Teams as part of the range review process using the Product Performance matrix
• Assist categories in identifying opportunities to achieving strategic objectives using the Product Performance matrix
• Prepare all relevant insights for reporting including weekly scorecard and Brand Monitor pricing report.
• Review ABSA basket price checks and prepare feedback
• Support business initiatives, projects and strategies by provide ad hoc analysis as requested.

JOB EXPERIENCE

• 2-3 years' experience in pricing management within the retail, telecommunications, or financial service industry
• Strong mathematical skills and the ability to see marketing patterns and trends
• Financial modelling - using Excel
• Experience with SQL or any data warehousing tool would be advantageous.

EDUCATION

• B.Com or Business Science Degree in Finance or Statistics, Data Science or related