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For Companies At a Glance
- Tasks: Analyse data to optimise revenue and passenger growth for our core network.
- Company: Join National Express, a leader in transport innovation.
- Benefits: Enjoy free bus travel, competitive salary, and career development opportunities.
- Why this job: Make a real impact on pricing strategies and enhance passenger experiences.
- Qualifications: Strong analytical skills and experience in revenue management preferred.
- Other info: Dynamic team environment with opportunities for growth and learning.
The predicted salary is between 36000 - 60000 £ per year.
National Express are recruiting a Route Revenue Executive to join our team, based at our Head Office in Digbeth. The successful candidate will ensure that there is an optimal balance of revenue and passenger growth on the core network, using advanced analytical skills to produce and implement thorough strategies to improve performance versus last year and budget. It requires liaising with other teams to ensure a complete understanding prior to making critical commercial decisions.
What you’ll do:
- Day-to-day pricing changes, including reviewing upcoming peak services and amending the price when necessary.
- Reviewing changes to our booking trends by flow and service, using this insight to drive yield and passenger growth with pricing.
- Reviewing periods with rail disruption and key events, such as sporting ties or large concerts, and ensuring that we price appropriately for demand and secure additional capacity where required.
- Forecasting and quantifying benefit seen from the above rail disruption and events, ensuring that appropriate marketing support is present when necessary.
- Quantifying impact of network changes, ensuring these are accounted for in reports and that these are taken into account when reviewing pricing.
- Completing reporting on flow, service and category performance.
- Developing pricing strategies for routes and flows, in peak and off-peak periods and by day of week.
- Reviewing capacity requirements for the service and requesting duplication where necessary, ensuring that when necessary a capacity plan is in place to cope with demand.
- Defining when pricing strategies should be reviewed and reassessed.
- Incorporating market placement in all strategic thinking, with agility to respond to market movement.
- Providing support for other analysts, helping them to identify revenue opportunities, to use our internal systems, compile reports and communicate with stakeholders.
- Deputising for other analysts/managers for cover for annual leave or supporting other areas of the rev man function during peak periods.
What you’ll need:
- Strong knowledge/background using Microsoft Office (in particular Excel).
- Previous experience with Revenue Management/Analysis.
- Experience/understanding of the transport industry is advantageous.
- Degree in a numerate, analytical, or scientific discipline.
What we offer in return for your hard work and commitment:
Free Bus
Route Revenue Executive employer: National Express Ltd
Contact Detail:
National Express Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Route Revenue Executive
✨Tip Number 1
Network, network, network! Reach out to people in the transport industry and let them know you're on the hunt for a Route Revenue Executive role. Use LinkedIn to connect with current employees at National Express and engage with their posts to get noticed.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've used data to drive revenue growth in past roles. We want to see your thought process, so practice explaining your strategies clearly and confidently.
✨Tip Number 3
Showcase your Excel skills! Create a portfolio of examples where you've used advanced Excel functions to analyse data or develop pricing strategies. This will give you an edge and demonstrate your capability to handle the responsibilities of the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at National Express.
We think you need these skills to ace Route Revenue Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Route Revenue Executive role. Highlight your analytical skills and any relevant experience in revenue management or the transport industry. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention specific strategies you've implemented in the past that relate to pricing and revenue growth.
Showcase Your Analytical Skills: Since this role requires strong analytical skills, make sure to include examples of how you've used data to drive decisions in previous roles. We love numbers, so don't shy away from showcasing your achievements with quantifiable results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at National Express Ltd
✨Know Your Numbers
As a Route Revenue Executive, you'll be dealing with a lot of data. Brush up on your analytical skills and be ready to discuss how you've used data to drive revenue growth in the past. Bring examples of how you've tackled pricing strategies or analysed booking trends.
✨Understand the Industry
Familiarise yourself with the transport industry, especially any recent changes or trends. Being able to discuss current events or challenges in the sector will show that you're not just qualified but also genuinely interested in the field.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to pricing and capacity management. Think through potential scenarios beforehand and prepare your thought process on how you'd approach these challenges.
✨Show Your Team Spirit
This role involves liaising with various teams, so highlight your teamwork skills. Be ready to share examples of how you've collaborated with others to achieve common goals, especially in high-pressure situations.