Your Tasks
Competitor Analysis:
- Continuously monitor and analyze competitor pricing strategies across all product lines
- Identify key pricing trends and competitor differentiators
- Develop comprehensive competitor pricing reports with actionable insights
- Conduct detailed pricing analysis for each product, considering factors such as cost of goods sold, market demand, customer segmentation, and value proposition
- Create and maintain a clear and logical pricing structure across all products, ensuring consistency and alignment with overall business objectives
- Develop and implement pricing models and tools to support pricing decisions
- Analyze historical pricing data to identify trends and patterns.
- Develop pricing forecasts based on market analysis, historical data, and anticipated future trends.
- Provide recommendations for price adjustments based on forecasting insights
- Prepare regular reports on pricing performance, competitor analysis, and market trends.
- Collaborate effectively with cross-functional teams, including sales, marketing, product development, and finance, to ensure alignment on pricing strategies