Description
pricing dashboards
data analytics
fare structures
pricing strategy
benchmarking
kpi tracking
Develop pricing dashboards and performance reports for management review.
Stay informed about industry best practices and innovations in pricing, incorporating insights and industry knowledge to drive continuous improvement.
Work closely with the Senior Revenue Manager to align pricing with broader revenue management strategies.
Contribute to the development of accurate revenue forecasts to support strategic planning, integrating insights from B2C industry pricing dynamics and B2B industry trends.
Provide regular updates and recommendations to the Senior Revenue Manager.
Generate regular reports on key performance indicators related to pricing and revenue management, reflecting insights from past pricing activities.
Identify opportunities for process improvement in pricing strategies and systems.
The Pricing Manager will design, implement, and manage pricing strategies for passenger services to maximize revenue while ensuring affordability and competitiveness. Reporting to the Senior Revenue Manager, this role will focus on fare structures, promotional campaigns, and dynamic pricing models that support demand optimization and align with the railway’s commercial objectives.
Ensure compliance with government policies and fare regulations.
Work with Finance to assess the financial impact of pricing decisions.
Provide insights into regional and global best practices in pricing within the rail and transport sectors.
Recommend pricing adjustments in response to changes in market demand, fuel costs, or economic conditions.
Develop and implement pricing strategies for passenger services, considering market demand, competition, and regulatory requirements.
Identify opportunities for yield improvement through segmentation, upselling, and bundling of services.
Coordinate with Marketing, Sales, and Operations teams to ensure pricing strategies are effectively communicated and executed.
Create and manage fare structures across different service classes and passenger segments.
Support the design of dynamic and promotional pricing initiatives to stimulate demand.
Utilize advanced data analytics tools to assess pricing sensitivity, demand patterns, customer behavior, and revenue performance, leveraging past relevant experience.
Conduct regular benchmarking of competitor fares and market conditions.
Monitor pricing performance, evaluate the effectiveness of promotions, and recommend adjustments.
Track KPIs related to pricing effectiveness, such as yield per passenger kilometer, load factors, and promotional campaign results.
Requirements
5+ years
communication
collaboration
bachelor's
analytics
pricing
5 + years of experience in pricing roles within the passenger train services industry or similar B2C industries.
Excellent communication and collaboration skills.
Bachelor's degree in Business, Economics, Finance, or a related field. Master's degree is a plus.
Strong understanding of pricing principles and market dynamics.
Advanced analytical skills with proficiency in data analysis tools.
Proven track record of developing and implementing successful pricing strategies to drive revenue growth and market competitiveness.
Benefits
Information not given or found
Training + Development
Information not given or found
