Pricing Analyst

Posted 19 Days Ago
Be an Early Applicant
Toronto, ON
Hybrid
3-5 Years Experience
Automotive • Retail
The Role
Looking for an innovative pricing analyst to analyze competitor pricing, prepare market share and revenue forecasts, and recommend pricing strategies to increase competitiveness and profitability. Responsibilities include assessing data, analyzing market trends, tracking customer engagement, forecasting revenue, and collaborating with sales and marketing departments. Requires 3-5 years of experience as a pricing analyst and a bachelor's degree in mathematics, statistics, finance, economics, or related field.
Summary Generated by Built In

TRADER Corporation is a trusted Canadian leader in online media, dealer and lender services. The company is comprised of AutoTrader.ca, AutoSync and Dealertrack Canada. AutoTrader.ca (AutoHebdo.net in Quebec) offers the largest inventory of new cars and used cars in Canada, receiving over 25 million monthly visits to its marketplace. With over 3,500 subscribers and counting, AutoSync is the largest and fastest growing dealer and OEM software provider in Canada. The platform's suite of connected automotive software solutions brings advertising, conversion and operational support together, synchronizing the entire retail process. AutoSync's diverse range of offerings includes: vAuto, EasyDeal, xtime, Motoinsight, Activix, TAdvantage and TRFFK. Dealertrack is Canada’s largest automotive financing portal, enhancing efficiency and profitability for all major segments of the automotive, marine, recreational vehicle, motorcycle and powersport retail industries. Over 6.5 million credit applications are submitted via the Dealertrack Canada portal each year. Visit tradercorporation.com to learn more..


We are looking for an innovative pricing analyst to increase our business's competitiveness and profitability. In this role, you will be analyzing competitor pricing, preparing market share and revenue forecasts, and comparing the outcomes of different pricing strategies.


To ensure success as a pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. An accomplished pricing analyst is someone who can translate pricing data into actionable profit-enhancing strategies.


What you'll do:

- Assessing data from a variety of sources to gain insights into pricing strategies and market trends.

- Analyzing competitor pricing and market trends to increase market share and profitability.

- Tracking customer engagement to develop effective pricing strategies for products and offerings.

- Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.

- Recommending pricing strategies that align closely with market trends and identifying new market segments.

- Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.

- Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.

- Developing dynamic pricing tools to effectively respond to changing market needs and trends.

- Preparing and presenting pricing analysis findings to executives, marketing teams, and sales staff.

- Keeping informed on pricing analysis methods and industry trends.


What you'll need:

- A bachelor's degree in mathematics, statistics, finance, economics, or in a related field.

- A master’s degree in business administration will be advantageous.

- 3-5 years experience as a pricing analyst in a similar industry.

- Proficiency in business intelligence (BI) software.

- In-depth knowledge of statistical methods and data analysis.

- Extensive experience in analyzing pricing strategies and forecasting revenue and market share.

- Experience in collaborating on pricing strategies with sales and marketing departments.

- Ability to keep abreast of industry trends and develop dynamic pricing tools.

- Advanced ability to present pricing analysis reports to relevant stakeholders.

- Excellent analytical and communication skills.

 

What’s in it for you…

-We understand that there is life at work and life outside of work. Here are a few benefits we all benefit from that support us to be our creative best.

 

Fitness and wellness

-We provide discounts to nation-wide gyms, onsite gyms (when we’re in the office), an Employee and Family Assistance Program, as well as a virtual wellness program.

 

Benefits from Day 1

-Gym discounts

-Employee and Family Assistance program

-Weekly virtual wellness events

-Conferences & training budget

-Regular internal training programs

 

Financial planning

-Let us help you invest in your future with 3% matching towards your pension and multiple forms of income protection.

 

Competitive salary

-Annual bonus structure

-3% CPP matching

The Company
Etobicoke, Ontario
1,013 Employees
On-site Workplace
Year Founded: 1975

What We Do

AutoTrader.ca is the leading advertising partner for Canadian automotive retailers and manufacturers. With over 25.7 million visits a month and more than 6 million total mobile app downloads, our largest automotive marketplaces – AutoTrader.ca and AutoHebdo.net – are the #1 source for all things automotive in Canada. The company offers retailers and manufacturers access to a robust audience of new and used car shoppers, best-in-class advertising services and rich data insights. AutoTrader.ca is proud to be the first to offer a completely integrated digital retail experience for consumers and dealers on a major Canadian automotive marketplace.

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