Competitive Pricing Analyst provides analysis of revenue, market share, capacity, and competitor activity to develop optimal pricing for geographies and market segments aligned with products and sales strategy. Conducts market research, assesses data, and develops insights into market trends and pricing strategies. Being a Competitive Pricing Analyst maintains a database of historical pricing data to monitor and evaluate the effectiveness of pricing and guide pricing decisions. Coordinates tools, reports, and communications for accurate pricing information responsive to market changes. Additionally, Competitive Pricing Analyst typically requires a bachelor's degree in business or related discipline. Typically reports to a manager. The Competitive Pricing Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Competitive Pricing Analyst typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Objective:
To analyze The Granite Groups pricing strategy to ensure the appropriate balance between market pricing and profitability.
Position Explanation:
The primary purpose of this position is to ensure accurate price structure for all Granite Group customers and products through market research and internal pricing analysis. The individual in this role works closely with the Director of Pricing to strategize and support company initiatives of margin enhancement, customer and product segment optimization, and general pricing and margin awareness.
Essential Duties & Responsibilities:
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