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Les Schwab Tire Center
Bend, OR | Full Time
$63k-78k (estimate)
1 Week Ago
Les Schwab Tire Center
Bend, OR | Full Time
$66k-81k (estimate)
4 Days Ago
Insight Global
Insight Global
Bend, OR | Full Time
$66k-81k (estimate)
2 Weeks Ago
Pricing Analyst
$66k-81k (estimate)
Full Time 4 Days Ago
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Les Schwab Tire Center is Hiring a Pricing Analyst Near Bend, OR

Job Description:POSITION SUMMARY:Reports to the Supervisor - Tire Pricing Strategy and works closely with the Pricing Operations, Product Strategy, Marketing, and Purchasing teams. In this role you will be analyzing competitor pricing, recommending retail pricing, preparing gross profit and revenue forecasts, and comparing the outcomes of different pricing strategies to increase our business's competitiveness and profitability.
To ensure success as a pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and have experience in a similar role. An accomplished pricing analyst is someone who can translate pricing data into actionable profit-enhancing strategies, with previous experience working with pricing optimization software preferred (such as PROS, Vendavo, Pricefx, etc.).
PRIMARY RESPONSIBILITIES:
  • Analyzing data from a variety of sources to gain insights into pricing strategies and market trends.
  • Tracking customer engagement to develop effective pricing strategies for products and offerings that increase market share and profitability.
  • Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
  • Recommending pricing strategies that align closely with market trends and identifying new market segments.
  • Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.
  • Collaborating with products and marketing departments on developing and implementing competitive pricing strategies.
  • Developing dynamic pricing tools to effectively respond to changing market needs and trends.
  • Preparing and presenting pricing analysis findings for executives, marketing teams, and sales staff.
  • Keeping informed on pricing analysis methods and industry trends.
MINIMUM REQUIREMENTS:Educational/Experience Requirements:
  • A bachelor's degree in business, mathematics, statistics, finance, economics, or in a related field.
  • A master’s degree in business administration would be advantageous.
  • Minimum of 3 years of pricing or financial analysis experience in similar industries.
General Knowledge and Abilities:
  • In-depth knowledge of statistical methods and data analysis.
  • Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
  • Experience in collaborating on pricing strategies with sales and marketing departments.
  • Ability to keep abreast of industry trends and develop dynamic pricing tools.
  • Advanced ability to present pricing analysis reports to relevant stakeholders.
  • Excellent analytical and communication skills
BENEFITS:
  • Annual profit-sharing bonus
  • FREE medical healthcare option for employees
  • Company-funded retirement plan - no cost to employee
  • Paid holidays
  • Paid time off
  • Hybrid arrangements available (3-4 days in office 1-2 days from home)
  • Tuition Assistance
  • Employee discount
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions/primary responsibilities. This job description is not all inclusive and is subject to change. Additional duties and tasks may be assigned, as necessary. Employment remains “AT WILL” at all times.

Job Summary

JOB TYPE

Full Time

SALARY

$66k-81k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

07/12/2024

WEBSITE

liveandbreathetechnologies.com

HEADQUARTERS

Portland, OR

SIZE

<25

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The job skills required for Pricing Analyst include Pricing, Insight, Economics, Pricing Strategy, Communication Skills, Pricing Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Pricing Analyst positions, which can be used as a reference in future career path planning. As a Pricing Analyst, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst. You can explore the career advancement for a Pricing Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

02/05/2022: Denver, CO

Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

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