Data-Driven Pricing Specialist

4 days ago

Ellore, Andhra Pradesh, India beBeePricing Full time ₹ 2,00,00,000 - ₹ 2,50,00,000
About the Role

The Pricing Analytics team assists pricing managers and merchants in defining and optimizing pricing strategies for different product categories across various channels. The team uses advanced analytics to forecast and measure the impact of pricing decisions, develop strategic price zones, recommend price adjustments, and identify sales and margin opportunities to help achieve business objectives.

Job Summary

This role is responsible for developing and maintaining descriptive and predictive analytics models and tools that support pricing strategy. Collaborating closely with the Pricing team, the analyst will help translate business goals and objectives into data and analytics requirements.

Key Responsibilities
  • Translate business strategy and objectives into analytics requirements.
  • Develop and implement processes for collecting, exploring, structuring, enhancing, and cleaning large datasets from both internal and external sources.
  • Conduct data validation, detect outliers, and perform root cause analysis to prepare data for statistical and machine learning models.
  • Research, design, and implement relevant statistical and machine learning models to solve specific business problems.
  • Ensure the accuracy of model results and build trust in their reliability.
  • Apply machine learning model outcomes to relevant business use cases.
  • Educate the pricing team on how to effectively interpret and utilize machine learning model results.
  • Assist in designing and executing A/B tests, multivariate experiments, and randomized controlled trials (RCTs) to evaluate the effects of price changes.
  • Perform advanced statistical analyses (e.g., causal inference, Bayesian analysis, regression modeling) to extract actionable insights from experimentation data.

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