Director, Product Pricing
project44
- Chicago, IL
- Permanent
- Full-time
- Strategic Pricing: Develop and implement comprehensive B2B pricing strategies that reflect market conditions, enhance profitability, and support business objectives.
- Cost Analysis and Monitoring: Collaborate with various teams to monitor cost fluctuations, supply chain dynamics, and production costs to ensure pricing strategies reflect current market realities.
- Sales Collaboration: Work closely with the Sales team to analyze and respond to price change requests, considering margin impacts, potential volume increases, and competitor pricing, to make informed decisions.
- Promotional Campaigns: Assist in devising and analyzing the effectiveness of promotional campaigns, ensuring they align with overall pricing strategies and market positioning.
- Market Intelligence: Maintain a pulse on market trends, competitor pricing strategies, and customer demand to inform strategic decisions. Utilize advanced analytics to predict market movements and adjust pricing strategies accordingly.
- Documentation and Process Improvement: Create and maintain comprehensive documentation of pricing processes and initiatives. Continually seek ways to improve pricing strategies and processes for efficiency and effectiveness.
- Educational Background: Bachelor's or Master's degree in Business Administration, Finance, Economics, or a closely related field.
- Professional Experience: At least 3-5 years of experience in a B2B pricing strategy role, preferably within the technology sector, with proven success in developing and implementing effective pricing strategies.
- Pricing Expertise: Deep understanding of pricing strategies, models, and concepts. Experience with pricing software and tools is highly desirable.
- Analytical Skills: Exceptional analytical abilities with a knack for interpreting complex data sets and translating them into actionable insights. Proficiency in data analysis tools and software.
- Communication & Negotiation: Excellent communication and negotiation skills, with the ability to articulate pricing strategies and value propositions to stakeholders at all levels.
- Stakeholder Management: Strong stakeholder management skills, with experience working in a cross-functional team environment. Ability to navigate complex organizational structures effectively.
- Adaptability: Comfortable working in a fast-paced and dynamically changing environment. Ability to adapt pricing strategies to meet changing market conditions and business needs.
- Global Perspective: Understanding of global market dynamics and sensitivity to cultural differences in pricing practices. Fluency in multiple languages is a plus.