Pricing analyst
3 weeks ago
Pricing Analyst
Position Overview:
We are seeking a talented and experienced Pricing Analyst to join our Pricing and Reporting business
unit for a pivotal project within the Automobile industry. The successful candidate will play a key role
in driving pricing strategies for tires and services, leveraging their strong analytical skills and in-depth
understanding of pricing dynamics in the automotive market.
Responsibilities:
1.Competitive Pricing Analysis:
∙Conduct comprehensive analysis to determine competitive pricing strategies for tires and
services within the automobile industry.
∙Utilize market research, competitive intelligence, and internal data to identify pricing
trends, customer preferences, and market opportunities.
∙Collaborate with cross-functional teams to develop pricing models and strategies that
align with business objectives and market dynamics.
2.Benchmarking and Web Scraping:
∙Employ advanced web scraping techniques to gather pricing data from various online
sources, including competitor websites and industry platforms.
∙Conduct benchmarking analysis to compare our pricing strategies with competitors'
offerings across different geographical regions and customer segments.
∙Continuously monitor pricing trends and competitor actions to identify pricing
differentials and areas for improvement.
3.Regular Price Monitoring:
∙Implement a systematic approach to monitor and analyse competitor prices on a
fortnightly basis.
∙Utilize statistical techniques and data visualization tools to track pricing fluctuations and
market trends.
∙Generate regular reports and insights to stakeholders, highlighting key findings and
recommendations for pricing adjustments.
4.Spot Checking Competitor Prices:
∙Perform ad-hoc spot checks on competitor prices through web scraping and other
monitoring tools.
∙Monitor pricing changes in real-time and provide timely updates to the pricing team and
relevant stakeholders.
∙Analyze competitor promotions, discounts, and pricing strategies to inform our tactical
responses and competitive positioning.
Requirements:
∙Bachelor's degree in Business, Finance, Economics, Statistics, or related field. Master's
degree is a plus.
∙Minimum of 5 years of experience in pricing analysis, market research, or related roles,
preferably within the automobile industry.
∙Proven expertise in data analysis, statistical modelling, and proficiency in analytical tools
such as Excel, SQL, Python, or R.
∙Strong understanding of pricing strategies, methodologies, and competitive dynamics in
the automotive market.
∙Experience with web scraping techniques and familiarity with relevant tools and libraries
(e.g., BeautifulSoup, Scrapy) is highly desirable.
∙Excellent communication, presentation, and stakeholder management skills, with the
ability to convey complex pricing insights to diverse audiences.
∙Detail-oriented, self-motivated, and able to thrive in a fast-paced, dynamic environment.
∙Ability to work collaboratively in cross-functional teams and adapt to evolving business
requirements and priorities.
Requirements
Pricing, Market analysis
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