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Pricing Analyst

Company: Monro Muffler/Brake
Location: Rochester
Posted on: February 16, 2020

Job Description:

Company Description

Company Info:

Monro, is a leader in the automotive maintenance and repair services industry. We are country's top company-owned automotive repair chain, and our success is driven by employing great people who commit every day to putting our guests first--selling them only what they need and making sure the work performed on their cars is done right the first time, every time.

Founded in 1957 in Rochester, New York, we now have over 1,200 company-owned locations servicing over four million cars each year in the US in 30 states. Monro offers our guests a wide range of tire choices and repair services, such as exhaust, brake, suspension, alignment, ride control, tire, battery, electrical, air conditioning and scheduled maintenance services under several leading brands. We are a publicly traded company and a top performer on the NASDAQ both in our results and our return to our investors.

Job Description

About the Role:

Pricing analysts work with complex data sets to help businesses determine and set competitive prices to gain market share and achieve revenue goals. This is a highly analytical role that requires pricing analysts to consider data from multiple sources and develop complex pricing models that reflect margins for promotional and seasonal pricing based on competitor, market, and customer data.

Pricing analysts work in a variety of fields, including retail and business-to-business (B2B) sales. In any setting, pricing analysts collaborate with sales and marketing teams to develop strategies that drive sales and ensure that their companies remain competitive.

Essential Duties & Responsibilities:

  • Analyze Pricing Data
    • The primary duty of a pricing analyst is assessing data from a variety of sources and using it to derive insights into pricing strategies and market trends. The pricing analyst uses a number of quantitative and qualitative methods to analyze competitor pricing, assess market share and margins, and track customer engagement to gain a complete picture of effective pricing strategies for their company's offerings.
    • Develop Forecasts and Models
      • Pricing analysts play an important role in helping companies forecast revenue and market share information. They use a variety of statistical modeling methods to prepare reports that show the potential impact of various pricing strategies, including their effect on margins and costs and how they will impact profitability and sales volume. These forecasts may also include information related to the market.
        • Monitor Industry Trends
            • Pricing analysts stay abreast of market trends within their industry. If the pricing analyst discovers a trend that they believe has potential to improve sales volume or profitability, they may recommend pricing strategies that align closely with these trends. By actively monitoring industry trends, pricing analysts may also develop strategies that take advantage of untapped market segments and help the company gain market share in new avenues.
              Present Findings to Key Decision-Makers
                • Pricing analysts present their findings to executives, marketing teams, and sales personnel through weekly or monthly meetings. This aspect of the role requires pricing analysts to translate complex data into actionable strategies and techniques to drive sales and enhance marketing efforts. Pricing analysts may prepare both written reports and visual presentations to share their findings.
                • Execution and Maintenance
                  • Implement routine timely updates and verification to approved pricing model changes including their related components (item masters, web site listings, region definitions, vendor requirements, etc.). Provide pricing related support and problem solving to company teammates as well as vendors.


                    • Bachelor's degree (B.A.) in marketing, Finance or relevant field preferred. Extensive tire and automotive service industry expertise required.
                    • The ability to successfully manage multiple priorities.
                    • Excellent customer service skills as well as verbal and written communication skills.
                      • Must embrace learning and working with constantly changing technology.
                      • Must be comfortable using Microsoft Excel, Word, and Outlook.
                      • Ability to efficiently manage multiple projects and deadlines.
                      • Work independently, as well as in a team setting.
                      • Think critically and creatively to problem solve and come up with solutions.
                      • Strong communication skills, verbal and written.
                      • Ability to interact and present ideas must be open to constructive criticism.
                        Attention to detail and excellent organizational skills

                        Additional Information

                        All your information will be kept confidential according to EEO guidelines.

Keywords: Monro Muffler/Brake, Rochester , Pricing Analyst, Professions , Rochester, New York

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