What are the responsibilities and job description for the Director, Pricing position at Therapy Brands Thrive, LLC?
Therapy Brands is the leading healthcare technology partner for mental, behavioral, and rehabilitative therapy. Our purpose-built and all-in-one practice, management, data, and billing solutions drive exceptional critical and financial outcomes.
Thousands of therapy practices rely on us as a trusted partner, to make their lives simpler and more officiant, improve revenue, and enable them to focus on patient care.
For more information, explore our solutions at therapybrands.com.
Job Description
The Director of Pricing will play a critical role in shaping and executing our pricing strategy. Reporting directly to the executive leadership team, this individual will be responsible for developing and implementing pricing models, strategies, and processes that maximize revenue, profitability, and market share. The ideal candidate will possess a deep understanding of SaaS pricing dynamics, strong analytical skills, and the ability to influence cross-functional teams.Develop and implement pricing strategies: Create comprehensive pricing models that align with our business objectives and market conditions. Utilize data-driven insights to set optimal pricing for new and existing products and services.
Conduct market research and competitive analysis: Continuously monitor market trends, customer preferences, and competitor pricing strategies to inform pricing decisions. Identify opportunities for price adjustments and positioning in the market.
Collaborate with cross-functional teams: Work closely with sales, marketing, product, and finance teams to ensure pricing strategies are aligned with overall business goals. Provide guidance and support to these teams in executing pricing initiatives.
Analyze pricing performance: Monitor and evaluate the effectiveness of pricing strategies through key performance indicators (KPIs) and metrics. Identify areas for improvement and recommend adjustments as necessary.
Develop pricing tools and systems: Create and maintain pricing tools, models, and systems to streamline pricing processes and enhance decision-making capabilities.
Customer segmentation and value-based pricing: Implement value-based pricing approaches by segmenting customers and tailoring pricing strategies to different customer groups based on their needs and value perception.
Lead pricing projects: Manage and lead pricing-related projects, such as price optimization initiatives, pricing audits, and pricing strategy reviews.
Communicate pricing strategies: Effectively communicate pricing strategies and changes to internal stakeholders, ensuring a clear understanding of pricing rationale and expected outcomes.
Stay updated on industry best practices: Keep abreast of industry trends, best practices, and regulatory changes related to pricing. Apply this knowledge to continuously improve pricing strategies and processes.
Additional Information
While we've outlined some key qualities we typically seek, it's essential to remember that there might be additional unique strengths and talents you possess that would make you an exceptional match for us, even if they're not explicitly mentioned. Studies have consistently highlighted the significance of this principle, particularly for individuals from disenfranchised backgrounds, including women and other marginalized groups. These individuals often hesitate to apply unless they meet every single requirement, unlike their male counterparts who are more inclined to apply when they meet around 60% of the criteria.
The message we want to convey is that taking a leap of faith and applying can be incredibly rewarding. Your distinct abilities and perspectives could be exactly what we need to create a more diverse and inclusive team. So, don't hesitate—apply today and let's explore the exciting possibilities together!
All your information will be kept confidential according to EEO guidelines.
At Therapy Brands, Diversity, Equity, Inclusion, and Belonging aren’t just words. We celebrate what makes us unique, foster an ecosystem of inclusion for all and harness our talents to promote diversity of thought and action in everything we do.
We instill Diversity, Equity, Inclusion, and Belonging into the fabric of our CARING culture and business, as we strive to be recognized not only as the leader in healthcare technology, but also for our intentional efforts to promote a diverse community.
We will champion non-discriminatory practices throughout the employee and customer lifecycle; caring for every person regardless of race, national origin, color, religion, disability, sex, orientation, or familial status.
Therapy Brands is an equal opportunity employer.
