Competitive Pricing Manager assists with the pricing analysis of revenue, market share, capacity, and competitor activity to provide pricing for products, geographies, and market segments aligned with products and sales strategy. Conducts market research and intelligence gathering and recommends pricing targets. Being a Competitive Pricing Manager maintains competitive pricing databases to monitor changes in the marketplace and their impact on new and existing products. Performs analyses to test customer price sensitivity and elasticity. Additionally, Competitive Pricing Manager typically requires a bachelor's degree in business or related discipline. Typically reports to a manager. The Competitive Pricing Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Competitive Pricing Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Sigmatech is currently seeking a Pricing Analyst in Colorado Springs. The Pricing Analyst will establish market prices for products that allows the Company to profit while also staying competitive. Work closely with the sales, marketing, finance, and program managers teams to determine how to price company proposals effectively. The job is to evaluate product quality, competitor pricing and customer reviews to create appropriate market prices for proposal requirements or services.
The Pricing Analyst is responsible for analyzing competitor pricing matched with market expectations to determine the ideal target price for products of the business. Duties include providing thorough analytical breakdowns of pricing structures and sales funnels of similar competitor products and services and identifying specific strategies used in pricing models of the same. Reports are written in order to evaluate the findings and to propose the results to the relevant departments for effect.
Duties:
Required Experience:
Establish market prices for products that allows the Company to profit while also staying competitive. Work closely with the sales, marketing, finance, and program managers teams to determine how to price company proposals effectively. The job is to evaluate product quality, competitor pricing and customer reviews to create appropriate market prices for proposal requirements or services.
Pricing analyst is responsible for analyzing competitor pricing matched with market expectations to determine the ideal target price for products of the business. Duties include providing thorough analytical breakdowns of pricing structures and sales funnels of similar competitor products and services and identifying specific strategies used in pricing models of the same. Reports are written in order to evaluate the findings and to propose the results to the relevant departments for effect.
Duties:
Approximate salary range: $85,000 - $135,000
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran
From: Sigmatech, Inc.
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