Pricing and Market Intelligence Specialist at Drugstore Nigeria

Role Summary:

The Pricing and Market Intelligence Specialist will play a critical role in developing pricing strategies, analyzing market trends, and providing actionable insights to drive competitive advantage. This role demands strong analytical skills, a deep understanding of the pharmaceutical market, and the ability to synthesize data into business recommendations.

Key Responsibilities:

1. Pricing Strategy Development
   • Develop and implement pricing strategies for pharmaceutical products to ensure competitiveness and profitability.
   • Monitor pricing trends and adjust strategies to respond to market dynamics.
2. Market Analysis
   • Conduct comprehensive market research to assess competitor pricing, market demand, and customer preferences.
   • Identify opportunities for product positioning and differentiation.
3. Data Collection and Reporting
   • Gather and analyze data from various sources, including internal sales data, market reports, and customer feedback.
   • Prepare detailed reports and dashboards to present findings to stakeholders.
4. Stakeholder Collaboration
   • Work closely with sales, procurement, and marketing teams to align pricing strategies with business goals.
   • Provide recommendations to leadership based on market insights.
5. Regulatory and Economic Awareness
   • Stay updated on regulatory changes, currency fluctuations, and economic trends affecting pricing strategies.
   • Ensure compliance with industry standards and guidelines.

Qualifications & Skills:

• Bachelor’s degree in Economics, Business Administration, Data Analytics, or related field (Master’s degree preferred).
• Minimum of 3-5 years of experience in pricing, market intelligence, or a related role, preferably in the pharmaceutical or healthcare industry.
• Strong analytical and quantitative skills, with expertise in tools such as Excel, Power BI, or similar software.
• Excellent communication and presentation skills.
• Ability to work cross-functionally in a fast-paced environment.
• Knowledge of the pharmaceutical landscape in Nigeria is highly desirable.

What We Offer:

• A dynamic and innovative work environment.
• Competitive salary and benefits package.
• Opportunities for career advancement.