Retail Pricing Analyst estimates merchandise overhead and develops ways to reduce costs. Analyzes historical cost data in order to provide more accurate cost estimates. Being a Retail Pricing Analyst communicates pricing information to associates. May require a bachelor's degree in area of specialty. Additionally, Retail Pricing Analyst typically reports to a supervisor or manager. To be a Retail Pricing Analyst typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)
The Cost Analyst is responsible for conducting market research on competitor pricing for similar products, reviewing previous sales data and company revenue needs, and analyzing, then presenting data to make pricing recommendations for company products.
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