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Pricing Analyst Job Description: Top Duties and Qualifications

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A 10183537analyst5.42pricing analyst3.85financial analyst2.49supply chain2.45business analyst1.7310689611773024000.0075648.72155000.00YEARLY548101272025-10-012025-10-312025-09-012025-09-302025-11-05Pricing Analyst, or Cost Pricing Analyst, is responsible for determining the appropriate pricing for company products based on a variety of factors. Their duties include conducting market research to learn more about competitor pricing for similar items, reviewing previous sales data and company revenue needs and deciding a market price for a range of products based on their findings.

10183537analyst5.42pricing analyst3.85financial analyst2.49supply chain2.45business analyst1.7310689611773024000.0075648.72155000.00YEARLY548101272025-10-012025-10-312025-09-012025-09-302025-11-05Pricing Analyst Duties and Responsibilities

Pricing Analysts use mathematics and statistics to understand pricing. They typically have the following responsibilities:

  • Analyze pricing data from industry standards, previous sales trends and competitors and report data to decision-makers
  • Identify marketing strategies to increase profits
  • Develop measurement tools to identify changing market trends
  • Identify appropriate sales and clearance prices to increase customer traffic
  • Compare sales trends to previous periods and determine the cause for decrease or increase

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Pricing Analyst Job Description Examples

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What Does a 10183537analyst5.42pricing analyst3.85financial analyst2.49supply chain2.45business analyst1.7310689611773024000.0075648.72155000.00YEARLY548101272025-10-012025-10-312025-09-012025-09-302025-11-05Pricing Analyst Do?

10183537analyst5.42pricing analyst3.85financial analyst2.49supply chain2.45business analyst1.7310689611773024000.0075648.72155000.00YEARLY548101272025-10-012025-10-312025-09-012025-09-302025-11-05Pricing Analysts typically work for corporations across industries to establish market prices for products that allow corporations to profit while also staying competitive. They work closely with the sales, marketing, finance and product engineering teams to determine how to price company products effectively. Their job is to evaluate product quality, competitor pricing and customer reviews to create appropriate market prices for products or services. They may also be responsible for establishing sales prices and working with the sales and marketing teams to develop ideas for seasonal sales opportunities.

10183537analyst5.42pricing analyst3.85financial analyst2.49supply chain2.45business analyst1.7310689611773024000.0075648.72155000.00YEARLY548101272025-10-012025-10-312025-09-012025-09-302025-11-05Pricing Analyst Skills and Qualifications

Successful Pricing Analyst possess several skills and qualifications, including:

  • Analytical: Strong analytical skills are necessary to compare sales trends and determine market data.
  • Communication: Excellent written and verbal communication skills are important, as pricing analysts work with team members at all levels, including store associates, office staff and executive team members.
  • Detail-oriented: The ability to pay close attention to detail while remaining accurate is crucial in the analysis of large collections of data.
  • Problem-solving: Pricing analysts use problem-solving skills to identify declining sales trends and devise strategies to improve them.

Pricing Analyst Salary Expectations

The average yearly salary for a Pricing Analyst is $60,984 per year. Pricing Analyst salaries may range depending on geographical location, the size of the organization and the experience of the analyst. A Pricing Analyst that works for a large organization making recommendations on pricing for large ticket items will typically earn more than one who works for a smaller company and is one of many analysts. The industry in which the analyst works will further affect salary expectations. Analysts who work in an industry with specialized business-to-business experience can expect to earn a higher salary.

Pricing Analyst Salary Expectations

2025-10-0124000.0075648.72155000.00YEARLY
  • Common salary: 75648.72 YEARLY
  • Typical salaries range from 24000.00 - 155000.00 YEARLY
  • Find more information on Indeed Salaries

*Indeed data – 2025-10-01

Pricing Analyst Education and Training Requirements

A bachelor’s degree or experience in pricing analysis is often a requirement to become a Pricing Analyst. Some hiring managers prefer that candidates have a master’s degree, especially if they will be in charge of the pricing for higher-priced items. Those interested in pricing analysis should gain experience in market research, business administration or finance. They can expect to take classes or gain experience in statistics, mathematics, market research and marketing. Many will receive industry training while completing an internship in their bachelor’s or master’s degree program.

Pricing Analyst Experience Requirements

Hiring managers will often expect candidates to have some previous experience as a pricing analyst. Previous experience working in a similar industry might also be a requirement. Some candidates will come from related industries like data research or finance. Entry-level Pricing Analyst might work on a team with other analysts as they develop important field skills and experience, and they may later take on additional responsibilities. They might also pursue a career as a Pricing Analyst in a different industry.

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Job Description Samples for Similar Positions

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Frequently asked questions about Pricing Analysts

Three individuals are sitting at a table with a laptop, a disposable coffee cup, notebooks, and a phone visible. Two are facing each other, while the third’s back is to the camera. The setting appears to be a bright room with large windows.

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