- Establishing pricing strategies based on competitor pricing, market conditions, and cost factors
- Reviewing price changes in other industries to identify trends in the marketplace.
- Communicating with managers to ensure that sales staff members understand pricing policies and procedures.
- Calculating the cost of raw materials used in manufacturing products, then adding in labor costs and overhead expenses such as rent and utilities.
- Conducting market research to identify potential buyers of new products based on their projected popularity or profitability.
- Determining whether a product can be produced profitably by calculating costs and estimating demand for the product.
- Analyzing market conditions and customer feedback to determine pricing strategies that will maximize revenue.
- Creating pricing models that incorporate information such as product costs, shipping costs, labor costs, profit margins, and industry standards.
- Recommending changes to pricing models to improve profitability.
Job Category: Pricing Officer
Job Type: Full Time
Job Location: Riyadh
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