Pricing Analyst - Johannesburg, South Africa - SMD Technologies

Thabo Mthembu

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Thabo Mthembu

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Description

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.
  • Indepth 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.

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