Product Pricing Strategist at The Concept Group

Job Summary

• The role of the Product Pricing Strategist encompasses working with the product team members and all other stakeholders within the organization to ensure that the pricing for all new & existing products across our business lines;
• Credit & Wealth management are optimally set to ensure optimal product performance, exponential growth and business prosperity.

Duties & Responsibilities
Product Performance Officer

• Conducting market research to identify pricing trends, customer preferences, and competitor pricing strategies.
• Analyzing data and developing pricing models that optimize revenue and profitability.
• Collaborating with cross-functional teams, including sales, marketing, and finance, to develop pricing strategies that align with business goals.
• Monitoring sales performance and adjusting pricing strategies as necessary to improve revenue and profitability.
• Developing pricing policies and guidelines that ensure consistency across product lines and geographies.
• Conducting pricing experiments and analyzing the results to identify opportunities for optimization.
• Communicating pricing strategies and recommendations to senior leadership and other stakeholders.

Qualifications / Requirements

• Bachelor's Degree in Finance, Economics, Statistics, Business Administration or other relevant fields
• Minimum of three (3) years’ quality experience in a similar role.
• Proven and successful experience leading high-performing product pricing and promotional strategies for a business, resulting in increased revenue.

Job Knowledge:

• Must have a strong understanding of market trends, consumer behavior, and pricing strategies
• Must be knowledgeable on product development methodologies
• Must be knowledgeable on project management
• Must be familiar with data analysis and interpretation
• Must be able to conduct product lifecycle analysis
• Must understand voice of customer (VOC)
• Must have knowledge on strategy creation for product adoption.

Skills / Competencies:

• Ability to work collaboratively with cross-functional teams
• Ability to work independently and effectively in a team environment
• Excellent analytical, decision-making, and problem- solving skills
• Attention to accuracy and detail required
• Critical thinking and problem resolution skills
• Must be technologically savvy
• Excellent organizational, planning, verbal, and written communication skills
• Competence to analyze financial and non-financial data
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
• Ability to effectively exchange information, in verbal or written form, by sharing ideas, reporting facts and other information, responding to questions, and employing active listening techniques
• Proficiency in data analysis tools and techniques, such as Excel, SQL, and statistical software