Pricing Strategy Analyst

7 days ago


Greater Toronto Area, Canada AutoTrader Full time
Pricing Analyst Position at AutoTrader

We are seeking a seasoned pricing analyst to enhance our business competitiveness and profitability. In this role, you will analyze competitor pricing, develop market share and revenue forecasts, and compare the outcomes of different pricing strategies.

Key Responsibilities:
  • Assess data from various sources to gain insights into pricing strategies and market trends.
  • Analyze competitor pricing and market trends to boost market share and profitability.
  • Track customer engagement to create effective pricing strategies for products and offerings.
  • Apply statistical modeling methods to determine the potential impact of pricing strategies on profitability.
  • Recommend pricing strategies that align closely with market trends and identify new market segments.
  • Forecast revenue and market share based on market trends, production costs, profit margins, and sales volumes.
  • Collaborate with sales and marketing departments on developing and implementing competitive pricing strategies.
  • Develop dynamic pricing tools to effectively respond to changing market needs and trends.
  • Prepare and present pricing analysis findings to executives, marketing teams, and sales staff.
Requirements:
  • A bachelor's degree in mathematics, statistics, finance, economics, or a related field.
  • A master's degree in business administration is advantageous.
  • 3-5 years experience as a pricing analyst in a similar industry.
  • Proficiency in business intelligence 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 stay updated on industry trends and develop dynamic pricing tools.
  • Advanced ability to present pricing analysis reports to relevant stakeholders.
What We Offer:
  • A competitive salary: $90,000 - $120,000 per annum.
  • A comprehensive benefits package, including 3% matching towards your pension.
  • Gym discounts, an Employee and Family Assistance Program, and virtual wellness events.
  • Regular internal training programs and conferences & training budget.

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