Urgent 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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