Pricing Analyst

Pricing Analyst

Optimize pricing strategies to drive profitability and market competitiveness.

Commercial
Job Family
AU$110k
Salary
Average salary in Australia
3%
Job Growth
The number of positions relative to last year
17
Open Roles
Job openings on Alooba Jobs

Pricing Analysts play a crucial role in optimizing pricing strategies to balance profitability and market competitiveness. They analyze market trends, customer behaviors, and internal data to make informed pricing decisions. With skills in data analysis, statistical modeling, and business acumen, they collaborate across functions such as sales, marketing, and finance to develop pricing models that align with business objectives and customer needs.

What are the responsibilities & duties of a Pricing Analyst?

  • Analyze market trends and customer behaviors to inform pricing strategies
  • Develop and maintain dynamic pricing models to maximize profitability
  • Collaborate with cross-functional teams to align pricing with overall business objectives
  • Monitor and adjust prices in response to market changes and inventory levels
  • Provide insights and recommendations based on historical pricing data and market research
  • Create and deliver reports and visualizations to communicate pricing strategies and results
  • Stay updated on industry trends and regulatory changes affecting pricing
  • Participate in strategic projects to optimize pricing and revenue management
  • Ensure data accuracy and integrity in pricing analyses and models
  • Educate and advise stakeholders on pricing decisions and their impact
  • Contribute to the development of new pricing tools and processes

What are the required skills & experiences of a Pricing Analyst?

  • Proficient in Excel, Python/Anaconda, and data visualization tools like Power BI or Tableau
  • Degree in a quantitative field such as economics, statistics, or business
  • Experience in data analysis, preferably in pricing or market research
  • Strong analytical and problem-solving skills
  • Familiarity with statistical modeling and machine learning techniques
  • Excellent communication and collaboration abilities
  • Ability to interpret complex data and present findings in a clear, concise manner
  • Understanding of market dynamics and customer behavior
  • Experience in developing and maintaining pricing models
  • Knowledge of business intelligence and data management tools (SQL, etc.)
  • Capacity to work independently and manage multiple projects simultaneously
  • Passion for data-driven decision making and an eye for detail

Core Pricing Analyst Required Skills

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Discover how Alooba can help identify the best Pricing Analysts for your team

Pricing Analyst Levels

Intern Pricing Analyst

Intern Pricing Analyst

An Intern Pricing Analyst is a budding professional who assists in analyzing pricing data and market trends. They support the pricing team by conducting research, preparing reports, and providing insights to help establish competitive pricing strategies.

Graduate Pricing Analyst

Graduate Pricing Analyst

A Graduate Pricing Analyst is an entry-level professional who supports the development and implementation of pricing strategies. They are skilled in data analysis, market research, and have a keen understanding of business principles. They assist in optimizing pricing to drive profitability and market competitiveness.

Junior Pricing Analyst

Junior Pricing Analyst

A Junior Pricing Analyst is an entry-level professional who assists in analyzing pricing data, market trends, and competitor strategies. They support the development of pricing strategies, contribute to revenue growth, and help ensure competitive positioning in the market. They are analytical, detail-oriented, and keen to learn and grow in the role.

Pricing Analyst (Mid-Level)

Pricing Analyst (Mid-Level)

A mid-level Pricing Analyst is a strategic thinker who uses data and market trends to determine optimal pricing strategies. With a blend of analytical skills and business acumen, they play a crucial role in maximizing profitability, market share, and customer satisfaction.

Senior Pricing Analyst

Senior Pricing Analyst

A Senior Pricing Analyst is a strategic thinker who uses data to optimize pricing strategies and drive profitability. They analyze market trends, evaluate pricing impacts, and provide recommendations to support business objectives. Their expertise in analytics and keen business acumen make them instrumental in shaping pricing decisions.

Lead Pricing Analyst

Lead Pricing Analyst

A Lead Pricing Analyst is a strategic thinker who leverages data to optimize pricing strategies and drive profitability. They lead pricing initiatives, analyze market trends, and provide valuable insights to influence business decisions. Their expertise ensures that pricing strategies align with business goals and market dynamics.

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