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Form of workECHO is hiring a Pricing Strategy Analyst! The Pricing Strategy Analyst will be responsible for creating, analyzing and evaluating pricing strategies and structures to ensure profitability and competitiveness.
This is a hybrid position that will offer the flexibility of working from home and on-site at our Lake Zurich facility.
ECHO's benefits include:
- 11 paid holidays
- Extremely affordable medical, dental, and vision insurance
- Paid PTO
- 5% 401K match
- Tuition Reimbursement
Duties/Responsibilities:
- Develop pricing proposals for all ECHO outdoor power equipment units and accessories based on market data, cost, competitive analysis, profitability, revenue and volume targets, and cross-functional input from product management, sales, marketing, operations, finance, and senior management.
- Support the timely and accurate execution and monitoring of price adjustments.
- Respond to complex pricing inquiries and support the resolution of price discrepancies
- Partner with the Product Management team to create profitable pricing strategies, including driving market research on price elasticity for both new and existing products.
- Analyze and communicate sales and margin impact of retail pricing and/or cost changes.
- Respond to complex pricing inquiries and support the resolution of price discrepancies.
- Review market trends for pricing opportunities to optimize revenue and margin while meeting company goals for unit sales volume.
- Collect, organize, maintain, and analyze the competitive landscape for all outdoor power equipment product categories.
- Proactively gather market data for pricing new products.
- Analyze price relationships between products and monitor cost and raw material fluctuations.
- Communicate key profitability metrics monthly.
- Future profitability modeling using company software.
- Facilitate quarterly pricing steering committee meetings.
- Work cross-functionally with IT and other groups to configure and manage profitability reporting tools.
Job Experience/Skills:
- Experience working with large data sets from multiple sources including Tableau and Power-Link
- Strong Excel skills and ability to create and manipulate data to solve complex problems
- Strong problem-solving ability that requires critical thinking and data support
- Analytical skills and attention to detail coupled with the ability to effectively articulate insights and recommend actions
- Ability to work cross-functionally and effectively influence and partner. Must relate well to all kinds of people, listen, and build constructive relationships, use diplomacy and tact. Shows creativity and innovation in presenting ideas
- Ability to handle multiple projects at the same time
- Ability to drive projects and activities to successful conclusion, operating with a high sense of urgency
- Demonstrated ability to operate independently with broad general guidance against a framework of defined business objectives
- Strong intellect, drive, and communication skills
Education: Bachelor's Degree in Finance, Business, Supply Chain, or relative experience.
Equal Opportunity Employment:
We are proud to be an equal opportunity employer and celebrate our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status.
E-Verification:
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
