Welcome to Lowe's, where we strive to provide our customers with the best products at competitive prices. We are currently seeking a highly motivated and detail-oriented Pricing Analyst to join our team. As a Pricing Analyst, you will play a crucial role in determining the pricing strategy for our products, ensuring that we remain competitive in the marketplace while maximizing profits. This position requires strong analytical skills, a keen eye for detail, and a passion for solving complex problems. If you are a strategic thinker with a knack for numbers, we would love to have you on our team!
- Analyze market trends and competitor pricing to determine the most competitive pricing strategy for Lowe's products.
- Develop pricing models and strategies to optimize profitability while remaining competitive in the marketplace.
- Monitor and track price changes and promotions to ensure accuracy and effectiveness.
- Collaborate with cross-functional teams, including sales and marketing, to develop and implement pricing strategies.
- Conduct regular pricing audits to identify any discrepancies or areas for improvement.
- Communicate pricing strategies and changes to relevant stakeholders, including leadership and sales teams.
- Utilize data analysis and forecasting techniques to make data-driven pricing decisions.
- Identify opportunities for cost savings and efficiency in pricing processes.
- Stay informed about industry and market trends to make informed pricing decisions.
- Continuously monitor and analyze pricing metrics to evaluate the effectiveness of pricing strategies.
- Ensure compliance with all pricing policies and procedures.
- Train and mentor junior pricing analysts to develop their skills and knowledge.
Strong Understanding Of Pricing Strategies And Market Trends: A Pricing Analyst At Lowe's Should Have A Thorough Understanding Of Pricing Strategies, Including Competitive Pricing Analysis, Promotional Pricing, And Markdown Optimization. They Should Also Be Aware Of Market Trends And How They Can Impact Pricing Decisions.
Excellent Analytical Skills: A Pricing Analyst Should Possess Strong Analytical Skills To Gather, Interpret, And Analyze Large Sets Of Data. This Includes Using Data Analysis Tools Such As Microsoft Excel, Sql, And Tableau To Identify Pricing Patterns And Trends.
Attention To Detail: Pricing Decisions Require Accuracy And Precision, So A Pricing Analyst Should Have A Keen Eye For Detail. This Includes Being Able To Spot Data Discrepancies, Identify Pricing Outliers, And Ensure Pricing Accuracy Across Multiple Channels.
Experience With Pricing Software: Lowe's May Use Pricing Software To Manage And Optimize Their Pricing Strategies. A Pricing Analyst Should Have Experience With These Tools And Be Able To Leverage Them To Make Data-Driven Pricing Decisions.
Communication And Collaboration Skills: A Pricing Analyst At Lowe's Will Need To Collaborate With Various Teams, Including Merchandising, Marketing, And Finance. Therefore, Strong Communication Skills, Both Written And Verbal, Are Essential For Successful Collaboration And Decision-Making.
Data Analysis
Market Research
Negotiation skills
Product knowledge
Forecasting
Financial Modeling
Cost Analysis
Pricing strategy
Competitor Analysis
Profit Optimization
Pricing Trends
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Pricing Analyst in Mooresville, NC, USA is $50,000-$70,000 per year. This can vary depending on the industry, experience level, and specific job responsibilities. Some companies may offer higher salaries for more experienced pricing analysts or for those with specialized skills or certifications.
Apply with Video Cover Letter Add a warm greeting to your application and stand out!
Lowe's Companies, Inc., doing business as Lowe's, is an American retail company specializing in home improvement.
Get interviewed today!
JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.
Get Started