Pricing Strategy Manager

4 days ago

Delhi, Delhi, India IGT Solutions Full time

Company Overview

IGT Solutions is a global technology company that provides integrated BPM, Technology and Digital Services & Solutions for clients across industries. With a strong focus on customer experience, we are committed to deliver innovation and business excellence for our 75+ marquee customers.

We have a global delivery footprint, spread across 19 centres in 11 countries, with 30,000 CX and Technology experts from 30+ nationalities. Our team collaborates closely with our customer's business & technology teams to take solutions faster to market while sustaining quality while focusing on business value and improving overall end-Customer Experience

Salary: $120,000 - $150,000 per year

Job Description:

Pricing Strategist Role

We are seeking an experienced Pricing Strategist to develop and implement pricing strategies that align with overall business goals and objectives. As a key member of our team, you will play a crucial role in analyzing market trends, competitor pricing, and cost structures to make informed pricing decisions.

Main Responsibilities:

  • Develop and implement pricing strategies that maximize profitability and support overall business objectives.
  • Analyze market conditions, competitor pricing, and customer behavior to identify opportunities for pricing optimization.
  • Collaborate with cross-functional teams to ensure alignment with sales, marketing, and product strategies.
  • Prepare financials for new opportunities, including project P&L, cash flow, NPV, IRR, and payback period.
  • Stay up-to-date with industry trends and economic factors that may impact pricing decisions.
  • Conduct comprehensive pricing analysis using relevant data and market research.
  • Utilize pricing models to simulate and evaluate the impact of different pricing scenarios.
  • Monitor and analyze sales data to assess the effectiveness of pricing strategies.
  • Conduct regular competitive analysis to understand pricing trends in the market.
  • Evaluate competitor pricing strategies and recommend adjustments to maintain a competitive edge.
  • Pricing of BPO deals and preparing commercial proposals for client submissions and RFP response.
  • Identify market opportunities and threats to inform pricing decisions.
  • Work closely with sales, marketing, finance, and product teams to ensure pricing strategies align with overall business objectives.
  • Set and adjust prices based on market conditions, cost factors, and strategic objectives.
  • Monitor and manage the implementation of pricing changes, ensuring accurate and timely execution.
  • Develop and maintain pricing policies and guidelines.
  • Support sales teams in pricing negotiations with customers and partners.
  • Develop and maintain pricing structures for contracts, bids, and long-term agreements.

Requirements:

  • Bachelor's degree in business, finance, economics, or a related field. Master's degree is a plus.
  • Proven experience in pricing management, preferably in a similar industry.
  • Strong analytical and quantitative skills, with proficiency in using pricing models and tools.
  • Excellent communication and interpersonal skills for effective collaboration.
  • Knowledge of market research and competitive analysis techniques.
  • Ability to work in a fast-paced environment and adapt to changing market conditions.
  • Familiarity with pricing software and tools is advantageous.

Benefits:

We offer a competitive salary, benefits package, and opportunities for professional growth and development. If you are a motivated and results-driven individual who is passionate about pricing strategy, we encourage you to apply for this exciting opportunity.

About IGT Solutions

IGT Solutions is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. We are committed to fostering a diverse and inclusive workplace.

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