Data-Driven Pricing Expert

1 week ago

Bengaluru, Karnataka, India beBeeStrategy Full time ₹ 1,50,00,000 - ₹ 2,01,00,000

Pricing Strategy Analyst

Lowe's India is a key hub for driving our technology, business, analytics, and shared services strategy. Based in Bengaluru with over 4,500 associates, it powers innovations across omnichannel retail, AI/ML, enterprise architecture, supply chain, and customer experience.

The pricing team supports managers and merchants in defining and optimizing pricing strategies for various product categories across channels .The team leverages advanced analytics to forecast/measures the impact of pricing actions , develop strategic price zones, recommend price changes and identify sales/margin opportunities to achieve company targets .

Job Summary:

The 'Pricing Strategist' is responsible for developing strategic price test plans, data-driven price change recommendations, and ad hoc work supporting strategic pricing efforts.

Roles & Responsibilities:
  • Responsible for providing cluster-specific data analysis, including development and deployment of necessary dashboards, reporting & insights.
  • Research, design, and develop applicable statistical approaches/models for specific business problems (Price Testing, Price Change, Post Mortem & Category review).
  • Design and develop processes to gather, explore, structure, enrich, and clean large datasets from various internal and external sources.
  • Use Item role designation models in support of Category and Intent objectives to develop insights.
  • Develop scalable retail test processes and frameworks for experiment design, control testing, baseline development, assessment, and recommendations.
  • Analyse competitor demographics and performance for pricing across key categories.
  • Ad Hoc reporting and analysis for Pricing team.
  • Develop executive-ready presentations synthesizing multiple data sets to effect new decisions related to Pricing

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