Pricing Executive

bigbasket; Thiruvananthapuram; On-site; INR 600,000 - 900,000; Full time

Job summary

bigbasket in Kerala seeks a Pricing & Market Intelligence specialist to manage and update pricing across locations, ensuring accurate website prices. You will maintain the pricing master and drive profitability across categories.

You will perform weekly FMCG price benchmarking, prepare monthly price index decks, and share market insights with the Category Team while visiting markets as required.

Responsibilities

• Manage and update pricing: Maintain the pricing master and ensure accurate website/product prices across locations.
• Market benchmarking: Compare FMCG, commodities, and fresh product prices with competitors and the market.
• Identify market gaps: Track competitor pricing and schemes, identify gaps, and share inputs with the Category Team.
• Profitability management: Ensure the right pricing for each category, company, and SKU to achieve the required profitability.
• PBM management: Create and maintain the PBM (Price Benchmarking/Market) list for different locations.
• Price Index: Prepare a monthly price index report/deck highlighting price movements and market comparisons.
• Weekly benchmarking: Conduct weekly price comparisons of FMCG SKUs across different markets.
• Travel: Visit markets when required to understand actual market prices, competitor activities, and schemes.

Job description

Role & responsibilities

• Manage and update pricing: Maintain the pricing master and ensure accurate website/product prices across locations.
• Market benchmarking: Compare FMCG, commodities, and fresh product prices with competitors and the market.
• Identify market gaps: Track competitor pricing and schemes, identify gaps, and share inputs with the Category Team.
• Profitability management: Ensure the right pricing for each category, company, and SKU to achieve the required profitability.
• PBM management: Create and maintain the PBM (Price Benchmarking/Market) list for different locations.
• Price Index: Prepare a monthly price index report/deck highlighting price movements and market comparisons.
• Weekly benchmarking: Conduct weekly price comparisons of FMCG SKUs across different markets.
• Travel: Visit markets when required to understand actual market prices, competitor activities, and schemes.

Preferred candidate profile

Male Candidates Required