Group Product Manager-Pricing

3 weeks ago


bangalore, India Zepto Full time
Our Story
Zepto is a fast-growing startup that delivers groceries in 10 minutes flat through an optimized network of dark stores that we're building across the country We are scaling up rapidly across India with operations live across Mumbai, Bangalore, Delhi, Noida, Ghaziabad, Gurgaon, Chennai, Pune, Kolkata, and Hyderabad.
We are incredibly well funded we recently announced fundraising from Indian and Global investors that include Y Combinator, Nexus Venture Partners, Glade Brook, and more We have also built out one of the best startup teams in India, with Senior Executives from Uber, Flipkart, Dream11, and institutions like Stanford, INSEAD, IIM, and IIT.
Key Responsibilities
* Lead the design and development of an automated Pricing Engine to dynamically adjust pricing based on market conditions, customer behavior, and business objectives.
* Collaborate with cross-functional teams, including data scientists, engineers, product managers, and business stakeholders, to define requirements and prioritize features.
* Drive the integration of data sources, including transactional data, competitor pricing data, and customer insights, to fuel the Pricing Engine algorithms.
* Develop pricing models and algorithms that incorporate machine learning techniques to predict demand, optimize margins, and maximize revenue.
* Implement monitoring and performance tracking mechanisms to evaluate the effectiveness of the Pricing Engine and identify opportunities for improvement.
* Stay informed about industry trends, emerging technologies, and best practices in pricing optimization to inform decision-making and drive innovation.
* Champion a culture of experimentation and continuous improvement to test hypotheses and iterate on pricing strategies.

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