Price Analyst

Job Title: Price Analyst

Location: Rabale, Navi Mumbai

Company: Naaptol Online Shopping Pvt Ltd

Educational Qualification: MBA fresher or Bachelor's degree holder in Business, Economics, Finance, or a related field with

Experience (in years) 1-3 years of relevant experience

Bond : 1.6Yrs

Job Summary:

We are seeking a detail-oriented and analytical Junior Price Analyst to join our e-commerce platforms pricing team. The successful candidate will be responsible for monitoring and analyzing the pricing of products listed by sellers on our platform, ensuring competitiveness in the market. They will compare our prices with those on other e-commerce platforms, retail and wholesale markets, and assess price variations between domestic and imported products. This role is crucial for maintaining an optimal pricing strategy, driving competitiveness, and enhancing the platforms attractiveness to customers.

Key Responsibilities:

l Price Monitoring and Analysis

Regularly monitor prices of products listed by sellers on our platform.

Identify and analyze pricing trends, fluctuations, and strategies to ensure competitiveness.

l Market Comparison

Conduct competitive analysis by comparing prices with similar products on other e-commerce platforms.

Gather and evaluate pricing data from retail and wholesale markets to identify discrepancies and opportunities for price reduction.

Assess and analyze pricing for domestic versus imported products to ensure appropriate positioning.

l Data Collection and Reporting

Compile and analyze data on product prices and market trends.

Prepare detailed reports and summaries for the management , providing actionable insights.

l Seller Guidance and Compliance

Work with sellers to help them understand competitive pricing models.

Ensure compliance with platform pricing policies and communicate updates or concerns to sellers.

l Cross-functional Collaboration

Collaborate with Merchandising and product teams to ensure price competitiveness and support overall business goals.

Provide input for promotional pricing and seasonal adjustments.

l Requirements:

Strong analytical skills and attention to detail.

Familiarity with data analysis and reporting tools (e.g., Excel, Google Analytics).

Ability to work with large datasets and derive meaningful insights.

Understanding of e-commerce platforms, retail, and wholesale market dynamics.

Basic knowledge of import/export pricing considerations for domestic and imported goods.

Excellent communication skills to engage with sellers and collaborate across teams.