Pricing Analyst Required in Dubai (New Positions)

Postion Title:	Pricing Analyst
Industry:	Private Company
Vacancies:	Multiple
Posted:	2024-03-08
Expiry Date:	2024-09-11
Salary	12000 AED - 20,000 AED

Job Requirements

Following are the job requirements for Pricing Analyst:

Experience:	2-5 Years
Education:	High School Diploma

Pricing Analysts are the business detectives of the product world! They use their data analysis skills to discover the sweet spot for product pricing, balancing factors like profit margins, customer willingness to pay, and competitor strategies. Here's a breakdown of a Pricing Analyst's typical responsibilities:

1. Market Research: They delve into market research to understand customer trends, buying habits, and price sensitivity for different products or services.
2. Competitor Analysis: Pricing Analysts constantly analyze competitor pricing strategies to ensure your company remains competitive in the market.
3. Cost Analysis: They factor in production costs, material costs, and other internal expenses to determine the minimum viable price point that maintains profitability.
4. Data Modeling: Using statistical methods and data modeling techniques, Pricing Analysts create models to forecast the impact of different pricing strategies on sales, revenue, and profit margins.