Pricing Analyst at SMD Technologies

Job Specification

• Determine competitive pricing strategies to gain market share and achieve revenue goals.
• Analyse our products to develop pricing models that maximize margin; taking into consideration relevant marketing and sales data, as well as business trends.
• Collaborate with departments and key individuals, including Key Account Managers, Executives, Divisional Heads, and product developers to ensure optimal product margins develop sales strategies.
• Conducting store visits and identifying opportunities for new products.
• Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.
• Preparing and presenting pricing analysis findings to executives, product developers and Directors
• Prepare pricing models to determine the potential impact of pricing strategies on profitability.
• Analysing competitor pricing and market trends to increase market share and profitability.

Job Requirements 

• A bachelor's degree in mathematics, statistics, finance, economics, or in a related field.
• A minimum of two 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.
• Extensive experience in analysing pricing strategies and forecasting revenue and market share.
• 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.