Dynamic Pricing Systems consultant
6 days ago
Required Qualifications:
- Bachelor's degree or foreign equivalent required from an accredited institution. Will also consider three years of progressive experience in the specialty in lieu of every year of education.
- At least 11 years of Information Technology experience.
Preferred Qualifications:
- Develop and implement pricing strategies that align with business goals and market conditions.
- Strategy Development: Design pricing models that align with business goals (e.g., cost-plus, value-based, dynamic pricing). Recommend pricing strategies for new products, promotions, and seasonal changes.
- Analyze market trends, customer behavior, and competitor pricing to identify opportunities and risks. Data-Driven Decision Making: Use data analytics to evaluate the impact of pricing decisions. Forecast revenue and margin outcomes based on pricing scenarios.
- Collaborate with cross-functional teams and product management to set and adjust pricing models.
- Analyze the pricing recommendations and share insights to stakeholders.
- Monitor and update pricing strategies based on evolving market dynamics and internal performance metrics. Track pricing effectiveness using KPIs like revenue growth, margin improvement, and market share. Adjust strategies based on performance and feedback.
- Ensure compliance with internal pricing policies and external regulatory requirements.
- Support new product launches with pricing frameworks and competitive analysis.
- Develop pricing tools and dashboards to streamline decision-making and reporting.
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