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For Companies At a Glance
- Tasks: Join our team to analyse pricing strategies and enhance product category pricing.
- Company: We're a leading UK retailer focused on innovative pricing solutions.
- Benefits: Enjoy a hybrid work model with competitive day rates and flexible hours.
- Why this job: Make a real impact on pricing strategies while working in a dynamic environment.
- Qualifications: 2+ years in consulting, strong analytical skills, and proficiency in Python and Excel required.
- Other info: This is a 3-month contract with an ASAP start date based in Wiltshire.
UK-based retailer is looking for a quantitative analyst to help them shape and refine their core product category pricing.
Requirements:
- Working with FPNA team to assess pricing and promotional effectiveness
- Analyse price elasticity across product categories
- Identify trends across sale and non-sale periods, seasonality, and customer segments
Profile:
- 2+ years working in a consulting firm
- Experience working with retailer brands on their pricing strategies
- Excellent quant and qual analysis skills
- Proficient using Python, Excel and PowerBI
Details:
- ASAP start
- Day rate: £450 ltd
- Hybrid - office based in Wiltshire
- Duration: 3 months
Pricing Analyst employer: Job Traffic
Contact Detail:
Job Traffic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within the retail sector. Understanding how different brands approach pricing can give you valuable insights to discuss during interviews.
✨Tip Number 2
Brush up on your analytical skills, especially in Python and Excel. Consider working on a small project or case study that showcases your ability to analyse pricing data effectively, as this will demonstrate your hands-on experience.
✨Tip Number 3
Network with professionals in the retail and consulting industries. Attend relevant webinars or local meetups to connect with others who may provide insights or even referrals for the Pricing Analyst role.
✨Tip Number 4
Prepare to discuss specific examples of how you've assessed pricing effectiveness in previous roles. Be ready to explain your thought process and the impact of your analyses on business decisions.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in quantitative analysis and any relevant work with retail brands. Emphasise your skills in Python, Excel, and Power BI, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, explain how your previous experience aligns with the requirements of the Pricing Analyst position. Mention specific projects where you assessed pricing strategies or analysed price elasticity.
Showcase Analytical Skills: Provide examples of your quant and qual analysis skills in your application. You could mention specific tools or methodologies you've used to identify trends and assess promotional effectiveness.
Highlight Relevant Experience: If you have worked in a consulting firm or have experience with pricing strategies, make sure to highlight this in your application. Detail your contributions and the impact of your work on pricing decisions.
How to prepare for a job interview at Job Traffic
✨Showcase Your Analytical Skills
As a Pricing Analyst, you'll need to demonstrate your quantitative analysis abilities. Be prepared to discuss specific examples of how you've used data to influence pricing strategies in previous roles, especially in retail.
✨Familiarise Yourself with Pricing Strategies
Research common pricing strategies used in retail and be ready to discuss them. Understanding concepts like price elasticity and promotional effectiveness will show that you’re well-prepared and knowledgeable about the industry.
✨Highlight Your Technical Proficiency
Since proficiency in Python, Excel, and PowerBI is crucial for this role, make sure to mention any relevant projects or experiences where you've successfully used these tools. Consider preparing a brief demonstration of your skills if possible.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills. Think about how you would approach analysing trends across sale and non-sale periods, and be ready to articulate your thought process clearly.
