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BMC Product Pricing Analyst United States, Texas 470054619
05.09.2024
Description and Requirements
CareerArc Code
Here is how, through this exciting role, YOU will contribute to BMC's and your own success:
- Conduct market analysis and competitive research to inform optimal product pricing architecture to meet strategic objectives.
- Leverage customer and market analysis to identify revenue opportunities including new licensing models, units of measure, product bundles, and promotions.
- Develop value maps to understand fair value of product offerings based on customer perceived benefit via customer surveys and inform product lifecycle pricing.
- Support the development of analytical models and tools informed by transactional data, market intelligence, and other key variables to determine target product price levels.
- Collaborate with Product Managers and key functional stakeholders (e.g., Sales, Finance, Compliance) to develop business cases for product updates and new launches.
- Contribute to the development of financial forecasts resulting from new product pricing strategies and innovation.
- Support the development of product price adjustments according to customer value, macroeconomic factors, product enhancements, etc.
- Prepare clear communication documents and reporting to share findings and recommendations with senior leaders.
- Coordinate cross-functional approval process required for product price updates, new product releases, and product decommissioning.
To ensure you are set up for success, you will bring the following skillset and experience:
- You hold a Bachelor’s degree in business, finance, or data science with 3+ years of experience in analytics related to pricing and business strategy. Experience in enterprise software preferred.
- You have proven success in supporting the design and implementation of pricing and packaging strategies.
- You have solid experience manipulating and analyzing large and complex data sets to derive key business insights.
- You are able to communicate complex concepts in simple terms to key stakeholders and senior leaders.
- You have proficiency in Excel, VBA, and Tableau.
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