Pricing Analyst

4 weeks ago

Chennai, India Tata Consultancy Services Full time

TCS is hiring for Pricing Analyst role


Qualification:- Minimum 15 years of regular, full-time education (10 + 2 + 3) is mandatory.

Shift: US/UK Shift


Job Description-


  • Experience working as a pricing analyst in the same industry - Strong knowledge about the industry including competitors and market trends
  • 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.
  • Scope out opportunities based on market trends and industry condition.
  • 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.
  • Should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role.
  • Experience in pricing data into actionable profit-enhancing strategies.
  • Identify ideal pricing structures and sales funnels
  • Draft strategic pricing plans and processes to improve existing projects
  • Create reports reflecting metrics and project status, objectives and barriers
  • Work with the sales and marketing team to define pricing structure for company products
  • Supporting the Merchandising Team with the implementation of billings, cost changes, customer support, and data integrity review.


Regards

Ritika Jagwani (HR)

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