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 ShiftJob 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.RegardsRitika Jagwani (HR)

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