Pricing & Product Analyst – DOMASCO

Full Time @ Al-Futtaim Sector: Retail, Store & Inventory , Sector: Sales & Marketing
  • Doha, Qatar View on Map
  • Date Posted : November 24, 2021
  • Salary: Negotiable
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Job Description

About The Job

We are looking for an experienced Pricing & Analyst who will work closely and assist the Price and Product Manager for the overall price and product strategy including analyses, statistics and market comparisons. The role consists of ensuring the team develops short and medium-term product plans in line with market demand and overall Domasco strategy as well as contributing to the development of long-term market and brand forecasts.

Among The Key Responsibilities Are As Follow

Product Lifecycle Management:

  • Managing the entire product line life cycle from strategic planning to tactical activities including but not limited to price, trim levels, and all related product options
  • Rationalizing and maintaining a product line which drives viability, profitability linked to customer demand in the region.
  • Monitoring the industry trends and identifying potential threats and opportunities.

Product Definition And Positioning

  • Work with the respective brand principals with regards the definition of the range and diversity of products available in Qatar given the constraints and opportunities of the local market and the parameters determined by the Group.
  • Investigate the opportunity for factory sourced and or locally developed special editions/ customized vehicles for both B2C and B2B business and where applicable ensure these are authorized by the principals and validated by the aftersales team
  • Run out programs for old and aged models
  • Work with the Parts Department to develop an accessory offer across our brands and improve parts penetration.
  • Specifying market requirements for current and future products by conducting market research supported by on-going visits to the network and non-customers.

Stakeholder Collaboration

  • Provide a proactive and regular flow of relevant information pertaining to the motor industry with senior management and cross functional teams on product, its performance and major issues or changes in the market or competition.
  • Collaboration and close relationship with OEM/ regional offices
  • Working in close co-ordination with the brand marketing managers and advertising agencies in development of material for New and existing Models – specifically with information highlighting new features and attributes.

Pricing

  • Work collaboratively and conduct in-depth pricing and product analyses, determine the pricing strategy, assist in setting list price and price policies for the respective markets.
  • Produce monthly reports on product and price mix for internal and principal reporting while providing accurate reporting market conditions, positions and trends of Qatar market and GCC.
  • Monitor the competitor prices and the brand strategy in Qatar Contribute to the budget building phase to support the Financial Controller
  • Drive Principal Standards:
  • Keep up to date with competitive brands and their product launches by monitoring motoring, general press, websites and relying on principal input.
  • Recommend, set up, conduct and analyze the needed market studies.
  • Identify opportunities of innovation through analysis of global trends and initiatives in the brands and creating or adapting solutions for Qatar market, with Hybrid as a key drive

Product Launches

  • Ensuring successful launch of new products by initiating and conducting product launch meetings. Anticipating market evolutions and customer behaviours and expectations as well as analysing industry products and pricing compared to Domasco brands and products.
  • Communication on new model introductions, facelifts and necessary product changes within the corporate office and facility wide

About You

To be successful in the role you must have the following skills and qualifications:

  • BA Degree in Marketing or relevant education / relevant extensive experience
  • Minimum of 4 years’ of relevant working experience in automotive pricing and product at OEM level or dealer level.
  • Experience in utilizing pricing tools.
  • Ability to manage multiple priorities in a fast-paced environment; work collaboratively with cross-functional teams and ensure high-quality deliverables with attention to detail.
  • Proven ability to develop, execute and manage entire product lifecycles.
  • Affinity with cars in general and the automotive industry in particular.
  • Ideally has GCC experience
  • Ideally has experience working with mass-market automotive brands.
  • Ideally has both English and Arabic fluency.

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