Product Pricing Strategist at The Concept Group

Responsibilities

• Assessing data from a variety of sources to uncover insights into pricing strategies and market trends.
• Setting effective pricing for products to drive product adoption and profitability.
• Analyzing and translating pricing data into actionable profit-enhancing strategies for products and the business at large.
• Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability
• Monitoring business liquidity to ensure pricing strategies delivers optimal liquidity for the business
• Developing dynamic pricing tools to effectively respond to changing market needs and trends.
• Create and provide visibility around existing pricing strategies, including identifying key performance indicators and dashboard views to convey to senior leadership.
• Utilize profit and loss information to facilitate informed decision-making around what leads, channels, and segments of our business to help drive via pricing strategy.
• Preparing and presenting pricing analysis findings to the product team and organization leadership
• Address issues and concerns raised by team members relating to product pricing.

Requirements

• B.Sc Degree in Economics, Business Management, or other Management Science courses.
• Candidates should possess a Bachelor's Degree with at least 5 years of work experience
• Professional qualifications like ACCA, ICAN, CFA would be an added advantage

Skills / Competencies:

• In-depth knowledge of statistical methods and data analysis.
• Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
• Experience in collaborating on pricing strategies with sales and marketing departments.
• Ability to keep abreast of industry trends and develop dynamic pricing tools.
• Advanced ability to present pricing analysis reports to relevant stakeholders.
• Excellent analytical, decision-making, and problem-solving skills.
• Attention to accuracy and detail required.
• Competence to analyze financial and non-financial data.