Manager - Pricing Strategy & Analysis

Analyse Solution and Pricing Data :

The primary duty of a Commercial Manager is identifying all cost components of the solution and assessing data from a variety of sources and using it to derive insights into pricing strategies and market trends.

Develop Forecasts and Models : 

They use a variety of statistical modelling methods to prepare reports that show the potential impact of various pricing strategies, including their effect on margins and costs and how they will impact profitability and sales volume.

Determine Pricing and Marketing Strategies : 

In this role, Commercial Managers work closely with sales and marketing personnel to develop and enact competitive pricing strategies.

 Monitor Industry Trends : 

Commercial Managers stay abreast of market trends within their industry as a whole. If the Commercial Manager discovers a trend that they believe has potential to improve sales volume or profitability,

Present Findings to Key Decision-Makers :

Commercial Managers present their findings to executives, marketing teams, and sales personnel through weekly or monthly meetings.