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)
The Pricing Specialist will help implement pricing strategies determined from company strategies and long-term growth goals. The primary goal is to optimize pricing, and thus profitability, through market research and interaction with established internal cross-functional teams. To achieve that goal, the Pricing Specialist will create and utilize pricing models that accurately capture true costs of MASABA products, while comparing those costs and resulting prices to competitive market conditions. A large portion of this position will be to support OEM and dealer pricing strategies, consisting of custom and standard product designs, and monitoring product changes made that impact costing. The position will communicate the results of pricing decisions to the sales team, ensuring that proper pricing is being used and delivered in a timely manner.
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