Zivame - Business Analyst - Online Business

- Analyse market trends, including competitors' prices, consumer habits, marketing strategies and profitability

- Synthesize external trends with internal data, including material costs, production costs, prices of products currently on the market, advertisement costs, current financial status, and budget

- Deliver informed decisions about the appropriate price points for various products based on the analysis of internal and external data

- Evaluate consumer trends and use them to advise when certain products should be rolled out on the market

- Monitor the results of pricing decisions by evaluating performance in relation to budget and profit margins and communicating with the sales team regularly

- Revise pricing decisions if necessary, and proactively monitor products' performance to determine whether revaluation is needed

- Maintain detailed records for individual products that can be used to evaluate future market trends and inform future pricing decisions

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

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

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

- 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 through weekly or monthly meetings

Job Skills & Qualifications

- Bachelor's degree in economics, business, accounting, finance, or related field

- At least two years of experience in business analytics

- Communication skills, written and verbal

- Analytical, evaluative, and data-driven mindset

- Highly proficient in Excel, Database query

- High levels of accuracy and attention to detail