Pricing Analyst Resume Guide
Pricing analysts are responsible for researching and analyzing market trends to determine the best prices for products or services. They use data from competitors, customers, and other sources to create pricing strategies that maximize profits while keeping prices competitive. Additionally, they monitor customer demand levels to ensure accurate price points are set in order to meet sales goals.
Your ability to analyze pricing data and make sound decisions based on it is invaluable. But employers don’t know how talented you are—to get them interested, you must write a resume that stands out from the crowd.
This guide will walk you through the entire process of creating a top-notch resume. We first show you a complete example and then break down what each resume section should look like.
Table of Contents
The guide is divided into sections for your convenience. You can read it from beginning to end or use the table of contents below to jump to a specific part.
Pricing Analyst Resume Sample
Carmela Lubowitz
Pricing Analyst
[email protected]
159-359-0201
linkedin.com/in/carmela-lubowitz
Summary
Determined pricing analyst with 5+ years of experience in competitive market analysis and price optimization. At XYZ Corporation, developed pricing strategies for 40+ products that increased revenue by 15%. Possess a deep understanding of the retail industry and adept at discovering new opportunities to maximize profit margins. Proven track record of building relationships with stakeholders across departments to ensure transparency and accuracy when implementing pricing policies.
Experience
Pricing Analyst, Employer A
Naperville, Jan 2018 – Present
- Expedited the pricing analysis process, completing the evaluation of over 500 products in only 3 months with a 99% accuracy rate.
- Reduced costs for customers by 10%, through careful research and comparison of competitor pricing and cost-saving strategies.
- Accurately tracked market prices for raw materials and finished goods on a daily basis to ensure competitive offering in the market place; identified potential discrepancies quickly and communicated them effectively to management team timely manner.
- Monitored performance metrics associated with price changes, such as sales volume & customer loyalty, allowing senior executives to make informed decisions regarding future product lines/pricing plans accordingly; improved overall profitability by 5%.
- Spearheaded an initiative that streamlined processes related to quoting process thereby saving 50 hours annually on average per analyst working on similar projects across the organization.
Pricing Analyst, Employer B
Pittsburgh, Mar 2012 – Dec 2017
- Revised pricing structures for 100+ products, resulting in an average increase of 17.5% in profit margins over a three-month period.
- Demonstrated strong analytical abilities and problem solving skills when examining market trends to determine the optimum pricing level for new product launches; successfully launched 5 products with optimal prices that generated $25K in revenue within 6 months of launch.
- Effectively communicated price changes to team members and customers while maintaining customer relationships; received 2 positive feedbacks from customers praising the improved pricing strategy implemented by the company over a 3 month period.
- Evaluated competitive offers against our own pricing structure on a monthly basis, highlighting potential areas of losses/gains up to 10%.
- Improved existing processes related to cost & forecasting models which led to an 18% reduction in costs associated with purchasing raw materials during last quarter’s production cycle.
Skills
- Teamwork
- Time Management
- Data Analysis
- Financial Analysis
- Pricing
- Process Improvement
- Analysis
- Forecasting
- Team Leadership
Education
Bachelor of Science in Business Administration
Educational Institution XYZ
Nov 2011
Certifications
Certified Pricing Professional
Professional Pricing Society
May 2017
1. Summary / Objective
A resume summary or objective is a great way to quickly capture the attention of potential employers. As a pricing analyst, you should use this section to highlight your strongest skills and qualifications that make you an ideal candidate for the job. For example, mention any relevant certifications or degrees in economics/finance; discuss how many years of experience you have working with complex data sets; and explain how your analytical abilities helped increase sales revenue at previous companies.
Below are some resume summary examples:
Proficient pricing analyst with 5+ years of experience in the healthcare industry. Proven track record for increasing customer satisfaction and revenue by monitoring competitor activities, implementing new strategies to optimize prices and margins, providing detailed data analysis reports, and collaborating across departments to ensure successful implementation of initiatives. Seeking a role at ABC Company where I can leverage my expertise to drive profitability.
Hard-working pricing analyst with 5+ years of experience in generating, analyzing and interpreting market data. At XYZ Corporation, managed the pricing structure for a portfolio of products worth $1 billion. Developed an automated system to optimize prices based on changing market conditions which resulted in a 10% increase in revenue. Experienced working independently or as part of a team to develop accurate price analysis reports for decision-making purposes.
Diligent pricing analyst with 5+ years of experience in pricing analysis and market research. Experienced in assessing competitive dynamics, analyzing customer data, and developing pricing strategies for companies across a range of industries. At XYZ Corporation, developed an innovative solution that improved revenue by 10%. Successfully led the development of two new product lines which resulted in over $1 million dollars per year in additional profits.
Driven pricing analyst with 7+ years of experience developing pricing strategies and market intelligence for companies in the consumer electronics industry. Proven ability to leverage data-driven insights to gain competitive edge, increase margin growth, and maximize profits. Seeking a role at ABC Tech that will allow me to utilize my skillset and help drive profitable decisions across all business units.
Energetic pricing analyst with an eye for detail and a knack for uncovering cost-saving opportunities. 6+ years of experience analyzing pricing data to identify trends, develop insights, and suggest more profitable pricing strategies. At XYZ Co., implemented new process that increased revenue by 20%. Seeking to apply analytical skillset at ABC Incorporated in order to optimize their pricing strategy.
Passionate pricing analyst with 5+ years of experience in market research, data analysis and project management to create comprehensive strategies that maximize revenue. At XYZ Corporation, identified new opportunities for growth through detailed cost-benefit analysis and price optimization initiatives. Delivered a 40% increase in sales by developing pricing models based on customer segmentation.
Enthusiastic pricing analyst with 5+ years of experience in analyzing and optimizing pricing strategies. Proficient in utilizing data to drive decisions, while ensuring customer satisfaction is maintained at all times. At ABC Corp, implemented a new pricing model that increased profitability by 11%, resulting in an additional $2 million dollars of revenue for the company.
Well-rounded pricing analyst with over 7 years of experience in pricing, forecasting and financial analytics. Seeking to join ABC Company to use my expertise in data analysis and strategic insights for maximizing revenue opportunities. At XYZ Corporation, increased profits by $2 million through the development of an effective pricing strategy framework.
2. Experience / Employment
The work history/experience section is where you provide details on your past roles. This should be written in reverse chronological order, meaning the most recent job comes first.
When writing this section, stick to bullet points as much as possible; it makes it easier for the reader to take in what you are saying quickly and accurately. When describing what you did, try to include quantifiable results that demonstrate how successful your efforts were.
For example, instead of saying “Analyzed pricing data,” you could say “Conducted a comprehensive analysis of historical pricing data which resulted in a 5% increase in revenue over 6 months.”
To write effective bullet points, begin with a strong verb or adverb. Industry specific verbs to use are:
- Analyzed
- Calculated
- Forecasted
- Monitored
- Optimized
- Assessed
- Evaluated
- Developed
- Implemented
- Researched
- Reported
- Negotiated
- Collaborated
- Presented
- Communicated
Other general verbs you can use are:
- Achieved
- Advised
- Compiled
- Coordinated
- Demonstrated
- Expedited
- Facilitated
- Formulated
- Improved
- Introduced
- Mentored
- Participated
- Prepared
- Reduced
- Reorganized
- Represented
- Revised
- Spearheaded
- Streamlined
- Structured
- Utilized
Below are some example bullet points:
- Reorganized pricing models and strategies for 500+ products, leading to a 20% increase in overall product sales.
- Prepared monthly price surveys for all major competitors, resulting in the identification of new market opportunities worth $750K annually.
- Mentored junior team members on advanced pricing techniques; trained 3 analysts who were later promoted as full-fledged Pricing Managers within 6 months of onboarding.
- Represented company at dozens of industry events and conventions attended by over 10K attendees each year, setting up promotional stands & booths to demonstrate the value proposition of our products/services with precision accuracy & sound business acumen in order to generate more leads & sales inquiries from potential customers & partners alike.
- Substantially reduced costs across departmental operations through effective supply chain management initiatives which saved an estimated $500k during peak season periods alone.
- Advised management on pricing strategies, resulting in a 13% increase in gross profits year-over-year.
- Analyzed market trends and competitor data to assess impact of proposed prices changes; developed recommendations for price adjustments that raised total sales by $1 million over the past 9 months.
- Confidently recommended promotional discounts and special offers to create customer engagement with unique new products, contributing an additional $500K revenue during holiday season alone.
- Reported results from pricing analysis projects to senior executives weekly; successfully presented findings which enabled informed decision making in order to maximize profitability across multiple product lines.
- Facilitated collaborative discussions between cross-functional teams including Marketing, Sales & Finance departments regarding optimal pricing structures for newly launched items which resulted in 10% growth within 6 weeks of launch date.
- Achieved a 10% reduction in company costs by negotiating better pricing with raw material vendors and suppliers.
- Optimized price structures for over 20 products, resulting in a 5% increase in year-on-year sales revenue.
- Structured complex product bundles to maximize customer value while staying within budget parameters; exceeded forecasted profits by 8%.
- Utilized market data analysis software to identify trends and develop strategies to maintain competitive prices across all categories of goods sold.
- Reliably maintained accurate records of purchased materials, inventory levels, supplier rates and other metrics necessary for effective pricing decisions at all times.
- Introduced pricing strategies and initiatives to reduce costs by 15%, while increasing overall customer satisfaction across all channels.
- Calculated the pricing of company products, services and promotions based on market trends & competitor insights, leading to a 10% increase in revenue within 6 months.
- Developed automated price optimization systems for analyzing supply/demand data and generating accurate product prices; improved accuracy rate from 60% to 95%.
- Presented pricing analysis reports with actionable recommendations for senior management team that resulted in a cost savings of $25K during Q1 FY2021 budget cycle.
- Actively monitored industry developments related to product pricing across various markets, ensuring competitive rates and maximum value-for-money offerings at all times.
- Researched and analyzed the impact of competitor pricing on over 250 products, resulting in a 10% increase in profits year-over-year.
- Thoroughly reviewed product costs and market trends to determine appropriate prices for new items; successfully decreased price gaps between competitors by 15%.
- Streamlined existing item pricing processes to reduce errors and decrease time spent per task by 30%; improved accuracy rate from 90% to 99%.
- Coordinated with other departments such as marketing, sales & production when making final decisions on promotional discounts or seasonal markdowns; increased customer satisfaction rating by 25%.
- Communicated regularly with senior management regarding profitability goals, reporting any adjustments that were made while proposing effective strategies for future growth; reduced operating expenses by $25K/quarter within first 6 months of employment.
- Participated in pricing strategy discussions with Senior Management and developed new pricing models to increase profitability by 15%.
- Meticulously reviewed historical data, competitor prices and market trends to assess the optimal price for retail products; successfully achieved an average price increase of 2% across all product categories.
- Compiled complex financial reports on pricing performance metrics, identified areas of improvement, and generated actionable insights that led to cost savings of $25K in inventory management fees over 3 months.
- Collaborated closely with cross-functional teams (e.g., marketing, sales) to ensure alignment between business objectives & customer expectations while revising existing discounts & promotional offers as needed.
- Implemented automated processes for regularly monitoring competitive prices and evaluating changes in demand dynamics due to external factors such as economic conditions or seasonality; reduced manual labor hours by 25%.
- Negotiated pricing strategies with vendors to obtain the best rates and discounts, resulting in a $2 million cost savings over 12 months.
- Formulated pricing models based on market analysis, competitor evaluation and customer demand; increased average sale prices by 8%.
- Consistently tracked macroeconomic trends affecting product pricing across multiple industries to stay ahead of competitors’ pricing strategies.
- Assessed current inventory levels and projected consumer demand for upcoming seasons, recommending price adjustments that generated an additional $200K in sales revenue annually.
- Forecasted short-term price changes up to 6 weeks in advance which enabled proactive planning initiatives that minimized financial losses by 16%.
3. Skills
Even though two organizations are hiring for the same role, the skillset they want an ideal candidate to possess could differ significantly. For instance, one may be on the lookout for an individual with experience in pricing optimization, while the other may prefer a candidate with knowledge of market trend analysis.
It is essential to tailor your resume skills section for each job you are applying for as many employers use applicant tracking systems that scan resumes for certain keywords before passing them on to a human. Therefore, it is important to include any relevant keywords from the job posting in this section.
You should also elaborate on these skills by discussing them further in other sections such as the summary or work experience sections.
Below is a list of common skills & terms:
- Access
- Account Management
- Accounting
- Analysis
- Analytical Skills
- Business Analysis
- Business Process Improvement
- Communication
- Cross Functional Team Leadership
- Customer Satisfaction
- Data Analysis
- Data Entry
- Finance
- Financial Analysis
- Financial Reporting
- Forecasting
- Logistics
- Operations Management
- Pricing
- Pricing Analysis
- Pricing Strategy
- Problem Solving
- Process Improvement
- Purchasing
- SAP
- SQL
- Sales Operations
- Social Networking
- Supply Chain Management
- Team Leadership
- Teamwork
- Time Management
4. Education
Adding an education section to your resume will depend on how far along you are in your career. If you recently graduated and have no prior experience, list your education below the resume objective. However, if you already have several years of work experience to showcase, an education section may not be necessary at all.
If including an education section is relevant for the pricing analyst role you are applying for, try to mention courses and subjects related to data analysis or economics that could help prove why you are a great fit for this job.
Bachelor of Science in Business Administration
Educational Institution XYZ
Nov 2011
5. Certifications
Certifications are a great way to demonstrate your expertise in a particular field. They provide proof that you have been tested and certified by an accredited organization, which can give employers confidence in your abilities.
When applying for jobs, it is important to include any certifications relevant to the position on your resume as they may help set you apart from other applicants. This will show potential employers that you are committed to staying up-to-date with industry trends and knowledge.
Certified Pricing Professional
Professional Pricing Society
May 2017
6. Contact Info
Your name should be the first thing a reader sees when viewing your resume, so ensure its positioning is prominent. Your phone number should be written in the most commonly used format in your country/city/state, and your email address should be professional.
You can also choose to include a link to your LinkedIn profile, personal website, or other online platforms relevant to your industry.
Finally, name your resume file appropriately to help hiring managers; for Carmela Lubowitz, this would be Carmela-Lubowitz-resume.pdf or Carmela-Lubowitz-resume.docx.
7. Cover Letter
Cover letters are an essential part of the job application process. They are a great way to give hiring managers more insight into who you are and how your skills, knowledge and experience make you the ideal candidate for their role.
A cover letter should be made up of 2 to 4 paragraphs which explain why you’re applying for the position, what makes you unique as a professional, and why they should hire you over other applicants. Even if it’s not required in the job listing, submitting one is highly recommended as it can help improve your chances of success in landing that dream job!
Below is an example cover letter:
Dear Darrel,
I am writing to apply for the position of Pricing Analyst at XYZ Corporation. With more than five years of experience in pricing and market analysis, I am confident that I can be an asset to your team.
In my current role as a Pricing Analyst at ABC Corporation, I conduct extensive research on competitors’ prices, develop strategies to increase market share, and provide recommendations to upper management on price changes. My analytical skills have resulted in increased profits for the company, and I was recently promoted to lead a team of three analysts. In this role, I mentor and train junior analysts while continuing to manage my own projects.
I am experienced in using various software programs for data analysis, including Excel, SPSS, and Tableau. I also have a strong background in statistics and econometrics from my undergraduate studies in economics. These skills would enable me to hit the ground running in your organization and contribute immediately to your bottom line.
I will be moving to New York City next month and would like to schedule an interview at your earliest convenience so that we can discuss how my skills can benefit XYZ Corporation. Thank you for your time; I look forward to hearing from you soon.
Sincerely,
Carmela