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Pricing Manager for Aesthetic Products
1 week ago
Job Description:
Pricing Manager - Ecommerce
Department:
Marketing and Research
Reporting to:
Head of Marketing, MediConnect
Collaboration:
Finance, Catalogue team, Statys Inc
Job Role:
Job Role:
Pricing Manager for Aesthetic Products E-commerce Business
Overview:
Our e-commerce business sells aesthetic products for aesthetic treatments. We are seeking a skilled pricing manager to help optimize and manage our pricing strategies for these products.
This role will be responsible for analysing market trends, competitive pricing, and consumer behaviour to set pricing for our products that maximizes profitability and supports our business growth goals.
The eCommerce Pricing Manager will work with executives and senior leaders across all areas of the business to identify and develop pricing models and strategies that maximize price and margin opportunities.
The pricing manager will be responsible for the Dynamic pricing software for both the online and offline channels for both brands.
This role will focus on elevating the company's existing data and analytics to automate and scale capabilities to create increased efficiencies throughout the business and resolve some of the more advanced problems, such as price and promotion elasticity models for hundreds of thousands of products.
Key Responsibilities:
⋅ Analyse market trends, customer behaviour, and competitive pricing to establish and manage pricing strategies for our aesthetic products.
⋅ Utilize data analytics and pricing software to identify pricing opportunities and develop pricing models that optimize profitability.
⋅ Collaborate with the sales and marketing teams to develop pricing promotions and strategies that drive sales and revenue growth.
⋅ Monitor and evaluate pricing performance, identify trends, and make recommendations for changes to pricing strategy as needed.
⋅ Manage pricing changes and ensure they are implemented accurately and timely across all relevant channels.
⋅ Develop pricing guidelines for new product launches and work closely with product development teams to ensure pricing is aligned with product positioning and value proposition.
⋅ Conduct pricing research and analysis to inform decision-making related to product portfolio management and new business development.
Requirements:
⋅ Bachelor's degree in business, marketing, economics, or related field.
⋅ 3-5 years of experience in pricing management or related roles, preferably in the beauty, healthcare, or pharmaceutical industries.
⋅ Strong analytical skills with experience using pricing software and data analytics tools.
⋅ Excellent communication and interpersonal skills, with the ability to work collaboratively across multiple teams.
⋅ Demonstrated ability to manage multiple priorities and work in a fast-paced environment.
⋅ Knowledge of e-commerce and digital marketing is a plus.
Salary:
AED8, AED10,000.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
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