Analyst, Sales
3 days ago
The primary function of a sales/pricing Analyst is to analyze and visualize raw data sets to provide insights to the sales and leadership team. for strategic decisions, sales representative’s accountability and cost- bases pricing.
Key Responsibilities:
Data Analysis:
- Analyze sales trends, including seasonal fluctuations, product performance, and customer demographics
- Analyze market trends to identify patterns and opportunities.
- Identify correlations between pricing strategies and sales volume
Reporting:
- Extract and clean sales data from various sources (CRM, ERP systems, etc.)
- Translate complex data into reports that can be used to inform strategic decisions.
- Conduct price elasticity analysis to determine optimal price points for maximum revenue generation
Strategy Development:
- Develop strategies to utilize statistical modeling to forecast future sales trends and potential market impacts.
- Develop and implement pricing models based on cost analysis, market demand, and profit margins
Competitive Pricing Analysis:
- Monitor competitor pricing strategies and market share fluctuations.
- Set a fair but competitive price for the product or service
- Conduct price sensitivity analysis to understand customer response to different price points.
- Identify opportunities to adjust pricing based on market conditions and competitor actions
Sales Performance Optimization:
- Identify areas for improvement, such as underperforming products or sales territories
- Collaborate with sales teams to develop targeted sales strategies based on data insights.
- Track key sales metrics (conversion rates, average order value) and identify opportunities for optimization
Required Skills/Abilities:
- Strong analytical skills with proficiency in data manipulation and visualization tools (Excel, Tableau, Power BI)
- The ability to explain complex market trends to team and collaborate effectively with sales teams and cross-functional departments
- A high level of organization and attention to detail
- Advanced problem-solving and excellent time management
- A strong work ethic and willingness to take initiative
- A good attitude toward teamwork and the ability to work independently
- Statistical analysis and modeling skills (regression analysis, time series forecasting)
- Understanding of economic principles and pricing strategies
- Market research and industry knowledge
Education and Experience:
- Bachelor’s degree in a related field, such as accounting, business analytics, or mathematics (preferred). (OR)
- Minimum of 3-5 years of experience working pricing, business or sales analytics (OR)Minimum of 3-5 years of experience in business's operations, consumer base, and products and services.
- Basic understanding of finance, and customer service experience
- Statistical proficiency can help sales analysts perform predictive modeling, hypothesis testing, and regression analysis
- Proficiency in word processing, spreadsheets, databases, and presentation software
- Proficient in using Customer relationship management (CRM) and Microsoft Office Suite.
- HubSpot experience (Preferred)
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