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Pricing Analyst

4 months ago

Old Toronto, Canada AutoTrader.ca Full time

TRADER Corporation is a trusted Canadian leader in online media, dealer and lender services. The company is comprised of AutoTrader.ca, AutoSync and Dealertrack Canada. AutoTrader.ca (AutoHebdo.net in Quebec) offers the largest inventory of new cars and used cars inCanada, receiving over 25 million monthly visits to its marketplace. With over 3,500 subscribers and counting, AutoSync is the largest and fastest growing dealer and OEM software provider inCanada. The platform's suite of connected automotive software solutions brings advertising, conversion and operational support together, synchronizing the entire retail process. AutoSync's diverse range of offerings includes: vAuto, EasyDeal, xtime, Motoinsight, Activix, TAdvantage and TRFFK. Dealertrack is Canada’s largest automotive financing portal, enhancing efficiency and profitability for all major segments of the automotive, marine, recreational vehicle, motorcycle and powersport retail industries. Over 6.5 million credit applications are submitted via the Dealertrack Canada portal each year. Visittradercorporation.comto learn more..

We are looking for an innovative pricing analyst to increase our business's competitiveness and profitability. In this role, you will be analyzing competitor pricing, preparing market share and revenue forecasts, and comparing the outcomes of different pricing strategies.

To ensure success as a pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. An accomplished pricing analyst is someone who can translate pricing data into actionable profit-enhancing strategies.

What you'll do:

- 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.

- 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.

- Keeping informed on pricing analysis methods and industry trends.

What you'll need:

- A bachelor's degree in mathematics, statistics, finance, economics, or in a related field.

- A master’s degree in business administration will be advantageous.

- 3-5 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 analyzing 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.

What’s in it for you…

-We understand that there is life at work and life outside of work. Here are a few benefits we all benefit from that support us to be our creative best.

Fitness and wellness

-We provide discounts to nation-wide gyms, onsite gyms (when we’re in the office), an Employee and Family Assistance Program, as well as a virtual wellness program.

Benefits from Day 1

-Gym discounts

-Employee and Family Assistance program

-Weekly virtual wellness events

-Conferences & training budget

-Regular internal training programs

Financial planning

-Let us help you invest in your future with 3% matching towards your pension and multiple forms of income protection.

Competitive salary

-Annual bonus structure

-3% CPP matching

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