We are seeking a Pricing Strategy Consultant for an interim assignment.
The Pricing Strategy Consultant will play a key role in optimising pricing strategies that drive revenue growth and maximise profitability across the organisation. This role involves analysing data, understanding market trends, and working closely with cross-functional teams to ensure competitive, customer-focused pricing.
Key Responsibilities
* Develop and implement comprehensive pricing strategies that align with business objectives and market dynamics.
* Conduct in-depth analysis of competitors' pricing models, market conditions, and customer preferences to define optimal pricing structures.
* Collaborate with senior leadership to set long-term pricing goals and objectives.
* Conduct cost analysis and profitability assessments to ensure that the pricing strategies are not only competitive but also sustainable and profitable for the company.
* Recommend adjustments to pricing strategies based on cost fluctuations, customer demand, or other market changes.
* Oversee the implementation of pricing strategies, ensuring they are executed effectively and consistently across product lines and geographies.
* Monitor the effectiveness of pricing strategies through regular reporting and analytics, adjusting tactics as necessary to meet business targets.
* Work closely with Sales, Marketing, Product Development, and Finance teams to ensure pricing aligns with the company's value proposition and business strategy.
Qualifications & Skills
* Background in Strategic Management Consulting is desirable
* Proven experience in pricing strategy, financial analysis, or a related consulting role.
* Strong analytical skills with experience using data analysis tools and techniques.
* Excellent communication skills, with the ability to present complex data and recommendations clearly to senior stakeholders.
* Strong understanding of market dynamics, consumer behaviour, and pricing methodologies.
* Ability to work collaboratively across functions, driving consensus on pricing decisions.
* Proficient in Microsoft Excel, pricing software, and other analytical tools.
* Experience with dynamic pricing models and demand forecasting.
* Knowledge of the specific industry or market IRIS operates in would be desirable