A person working as a Competitive Pricing Analyst in United States of America will on average earn $64094 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
Rate Type | Amount (USD) |
---|---|
Yearly salary | $64,094.00 |
Weekly salary | $1,232.58 |
Daily salary | $175.60 |
Hourly salary | $21.95 |
This means competitive pricing analyst salary is above average!
Job Industry: retail
Description: A competitive pricing analyst is responsible for analyzing market trends, competitor pricing strategies, and consumer behavior to determine optimal pricing strategies for a company's products or services. They gather and analyze data from various sources, such as sales reports, market research, and industry benchmarks, to identify pricing opportunities and risks. Their main objective is to ensure that the company remains competitive in the market while maximizing profitability. The role of a competitive pricing analyst requires strong analytical and problem-solving skills, as well as proficiency in data analysis tools and techniques. They must have a deep understanding of the industry and market dynamics to make informed pricing recommendations. Effective communication skills are also crucial, as they often collaborate with cross-functional teams to implement pricing strategies and monitor their impact.
Tagged with: competitive pricing, market analysis, data analysis, pricing strategies, market research, profitability.