The Role
The Pricing Analyst is responsible for analyzing competitor pricing, assessing market trends, forecasting revenue, recommending strategies, and collaborating on competitive pricing initiatives to enhance profitability and market share.
Summary Generated by Built In
Job Objective
Responsible
for ensuring the business profitability by applying competitive strategies to
gain market share while achieving revenue goals.
Responsibilities
- Analyzing
competitor pricing and market trends to increase market share and
profitability.
- Assessing
data from different sources to gain insights into pricing strategies and market
trends.
- Schedule review of airline
commissions and making changes to displayed fares.
- Tracking
customer engagement to develop effective pricing strategies for products and
offerings.
- Forecasting
revenue and market share based on market trends, production costs, profit
margins, and sales volumes.
- Recommending
pricing strategies that align closely with market trends and identifying new
market segments.
- Developing
dynamic pricing tools to effectively respond to changing market needs and
trends.
- Collaborating
with marketing departments on developing and implementing competitive pricing
strategies.
- Procurement
of top routes fares, Student fares and Local routes fares for marketing push
- Developing and maintaining
relationship with all airlines for fruitful mutual business relationship
- Reviewing large
amounts of data across multiple platforms and sources to determine operational
impacts and needed actions
Requirements
- Minimum
of 3 years cognate experience
- Excellent
communication skills with ability to explain technical concepts.
- In-depth knowledge of statistical methods and data
analysis.
- Advanced use of the GDS.
- Ability to keep abreast of industry trends and develop
dynamic pricing tools.
- Advanced ability to present pricing analysis reports
to relevant stakeholders.
- Strong conceptual and analytical skills - demonstrating outside-the-box
problem solving skills
- Analytical
Thinking
- Creativity
& Innovation
Skills Required
- Minimum of 3 years cognate experience
- Excellent communication skills with ability to explain technical concepts
- In-depth knowledge of statistical methods and data analysis
- Advanced use of the GDS
- Ability to keep abreast of industry trends and develop dynamic pricing tools
- Advanced ability to present pricing analysis reports to relevant stakeholders
- Strong conceptual and analytical skills - demonstrating outside-the-box problem solving skills
- Analytical Thinking
- Creativity & Innovation
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The Company
What We Do
Wakanow is Africa's leading travel tech company, offering a comprehensive online platform for booking flights, hotels, vacation packages, visa assistance, and airport transfers.
