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Pricing Manager

5.00 to 10.00 Years   Chennai   14 Jun, 2021
Job LocationChennai
EducationNot Mentioned
SalaryRs 4.5 - 10 Lakh/Yr
IndustryShipping
Functional AreaPurchase,Media Planning / Buying
EmploymentTypeFull-time

Job Description

A Pricing Manager determines pricing schemes for a companys products and services. This includes co-ordinating with production departments to learn how much they cost to make, as well as working with staff in marketing on appropriate campaigns and promotions. . Assist with pricing negotiations of customers proposals.Also known as Marketing Managers, Pricing Managers develop and implement pricing strategies for a companys products or services. . Pricing Managers also help companies identify target markets and review customer trends to help determine the need for new products or services.Pricing Manager Duties and ResponsibilitiesPricing Managers complete several tasks to come up with effective pricing strategies and market evaluations. In reviewing several job listings for this profession, we found the following are among the core duties and responsibilities of a Pricing Manager.Develop Pricing StrategiesPricing Managers help companies determine what to charge for their products or services by considering production and other costs to determine the price point to make a profit. They set base prices and develop discount programs, assist in creating promotional campaigns, compare prices set by competitors and measure customer satisfaction based on the cost of a companys product or service.Identify Target MarketsIn this capacity, Pricing Managers evaluate trends to determine what consumers would buy a certain product or utilize a specific service. They would assist public relations and sales departments in targeting these consumers to generate revenue for the company.Track Market TrendsPricing Managers help companies complete market research for new product or service ideas. They might conduct surveys, evaluate consumer trends and visit stores, trade shows and other venues to establish what rival companies are offering in order to establish the need for a specific product or service.

Keyskills :
pricingintegrated marketingemail marketingonline advertisingbusiness case analysissocial media marketingonline marketingcampaign executionmarketing managementdigital marketingmarketingcampaignscampaign developmentbillinggotvbrand management

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