At a Glance
- Tasks: Lead pricing strategies and initiatives to drive revenue growth and optimise pricing structures.
- Company: Join IRIS Software Group, a leader in innovative software solutions.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Be at the forefront of pricing innovation in a dynamic environment with a collaborative culture.
- Qualifications: Experience in pricing strategy, preferably in the software industry, with strong analytical skills.
- Other info: Apply early as we may close applications if we receive a high volume.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for an experienced and commercially orientated Director, Product Pricing to lead and manage our pricing across IRIS. The role will combine running strategic pricing and packaging initiatives, identifying opportunities to optimise pricing structures as well as accountability for pricing operations (with support from a Pricing Operations Manager). The role will work closely with cross-functional teams including finance, sales, product, and marketing.
Key responsibilities
- Accountable for management and improvement of the IRS pricing governance process and pricing policies.
- Lead pricing initiatives to drive revenue growth, increase market share and maximise customer lifetime value.
- Conduct analysis of key markets, competitor pricing strategies, and customer segments to inform pricing decisions.
- Collaborate with product management, sales, finance, and marketing teams to align pricing strategies with business objectives.
- Lead pricing research and analysis to define optimal pricing points for various product offerings.
- Design pricing strategies and structures for new products and improvements for existing products.
- Support business initiatives to migrate existing customers on desktop products to new cloud solutions.
- Develop pricing tools and frameworks to support data-driven decision-making and enhance pricing effectiveness.
- Monitor and evaluate pricing performance, providing insights to the executive team and adjusting strategies as needed to address changing market conditions and competitive pressures.
- Provide pricing thought leadership and drive pricing innovation by exploring new pricing structures, packaging options, and monetization opportunities.
- Work cross-functionally to set list prices and manage price increases – monitoring price achievement and systematically reviewing as required.
- Ensuring data consistency in the pricing system and driving further improvements.
Qualifications and experience
- Experience in pricing strategy, revenue management, or related roles, preferably in the software industry.
- Deep understanding of B2B pricing principles, methodologies, and best practices including experience of subscription, services, and SaaS pricing.
- Ability to build clear value-based customer pricing propositions.
- Proven track record of developing and executing successful pricing strategies that drive revenue growth and profitability.
- Strong analytical skills with proficiency in pricing analysis and financial modelling.
- Ability to work under pressure supporting teams in a dynamic environment.
- Self-directing – working alongside and across multiple functions, must be capable of prioritising own work and comfortable acting as the go-to pricing expert.
- Excellent communication and presentation skills, with the ability to articulate complex pricing concepts to diverse stakeholders including senior executives.
- Strategic thinker with the ability to translate market insights into actionable pricing strategies, balancing conceptual and strategic thinking with a pragmatic approach.
- Leadership experience, with the ability to inspire and motivate cross-functional teams.
- Highly organized and detail-oriented, with the ability to manage multiple projects and priorities in a fast-paced environment.
Please note: We occasionally close vacancies early in the event that we receive a high volume of applications. Therefore we recommend you apply as soon as possible.
Director, Pricing and Customer Value employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Pricing and Customer Value
✨Tip Number 1
Network with professionals in the pricing and customer value space. Attend industry events or webinars where you can meet people who work at IRIS Software Group or similar companies. Building these connections can give you insights into the company culture and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in B2B pricing strategies, especially in the software industry. Being able to discuss current methodologies and innovations during interviews will demonstrate your expertise and passion for the role.
✨Tip Number 3
Prepare to showcase your analytical skills by bringing examples of past pricing strategies you've developed. Be ready to discuss how these strategies impacted revenue growth and customer satisfaction, as this aligns closely with the responsibilities of the role.
✨Tip Number 4
Research IRIS Software Group's current pricing models and any recent changes they’ve made. Understanding their approach will allow you to tailor your discussions and show how you can contribute to their pricing initiatives effectively.
We think you need these skills to ace Director, Pricing and Customer Value
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing strategy and revenue management, particularly in the software industry. Use specific examples that demonstrate your success in developing and executing pricing strategies.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your understanding of B2B pricing principles and your ability to create value-based customer pricing propositions. Mention how your leadership experience can inspire cross-functional teams.
Showcase Analytical Skills: In your application, emphasise your strong analytical skills and proficiency in pricing analysis and financial modelling. Provide examples of how you've used data to inform pricing decisions and drive revenue growth.
Highlight Communication Skills: Demonstrate your excellent communication and presentation skills by providing examples of how you've articulated complex pricing concepts to diverse stakeholders, including senior executives. This will show your ability to work effectively across functions.
How to prepare for a job interview at TN United Kingdom
✨Understand Pricing Strategies
Make sure to brush up on various pricing strategies, especially in the B2B software sector. Be prepared to discuss how you would approach pricing for different products and how your strategies can drive revenue growth.
✨Showcase Analytical Skills
Highlight your analytical skills by discussing past experiences where you conducted market analysis or competitor pricing research. Be ready to explain how you used data to inform pricing decisions and improve profitability.
✨Demonstrate Cross-Functional Collaboration
Since the role involves working closely with finance, sales, product, and marketing teams, prepare examples of how you've successfully collaborated across departments in previous roles. This will show your ability to work in a dynamic environment.
✨Prepare for Thought Leadership Questions
Expect questions about pricing innovation and thought leadership. Think about new pricing structures or monetisation opportunities you've explored in the past, and be ready to share your insights on future trends in pricing.