Pricing analyst
1 month ago
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Position Overview:Â
We are seeking a talented and experienced Pricing Analyst to join our Pricing and Reporting businessÂ
unit for a pivotal project within the Automobile industry. The successful candidate will play a key roleÂ
in driving pricing strategies for tires and services, leveraging their strong analytical skills and in-depthÂ
understanding of pricing dynamics in the automotive market.Â
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Responsibilities:Â
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1.Competitive Pricing Analysis: Â
∙Conduct comprehensive analysis to determine competitive pricing strategies for tires andÂ
services within the automobile industry.Â
∙Utilize market research, competitive intelligence, and internal data to identify pricingÂ
trends, customer preferences, and market opportunities.Â
∙Collaborate with cross-functional teams to develop pricing models and strategies thatÂ
align with business objectives and market dynamics.Â
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2.Benchmarking and Web Scraping: Â
∙Employ advanced web scraping techniques to gather pricing data from various onlineÂ
sources, including competitor websites and industry platforms.Â
∙Conduct benchmarking analysis to compare our pricing strategies with competitors'Â
offerings across different geographical regions and customer segments.Â
∙Continuously monitor pricing trends and competitor actions to identify pricingÂ
differentials and areas for improvement.Â
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3.Regular Price Monitoring: Â
∙Implement a systematic approach to monitor and analyse competitor prices on aÂ
fortnightly basis.Â
∙Utilize statistical techniques and data visualization tools to track pricing fluctuations andÂ
market trends.Â
∙Generate regular reports and insights to stakeholders, highlighting key findings andÂ
recommendations for pricing adjustments.Â
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4.Spot Checking Competitor Prices: Â
∙Perform ad-hoc spot checks on competitor prices through web scraping and otherÂ
monitoring tools.Â
∙Monitor pricing changes in real-time and provide timely updates to the pricing team andÂ
relevant stakeholders.Â
∙Analyze competitor promotions, discounts, and pricing strategies to inform our tacticalÂ
responses and competitive positioning.Â
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Requirements:Â
∙Bachelor's degree in Business, Finance, Economics, Statistics, or related field. Master'sÂ
degree is a plus.Â
∙Minimum of 5 years of experience in pricing analysis, market research, or related roles,Â
preferably within the automobile industry.Â
∙Proven expertise in data analysis, statistical modelling, and proficiency in analytical toolsÂ
such as Excel, SQL, Python, or R.Â
∙Strong understanding of pricing strategies, methodologies, and competitive dynamics inÂ
the automotive market.Â
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∙Experience with web scraping techniques and familiarity with relevant tools and librariesÂ
(e.g., BeautifulSoup, Scrapy) is highly desirable.Â
∙Excellent communication, presentation, and stakeholder management skills, with theÂ
ability to convey complex pricing insights to diverse audiences.Â
∙Detail-oriented, self-motivated, and able to thrive in a fast-paced, dynamic environment.Â
∙Ability to work collaboratively in cross-functional teams and adapt to evolving businessÂ
requirements and priorities.Â
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