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Pricing and Market Intelligence Specialist at Drugstore Nigeria

Drugstore NigeriaLagos, Nigeria Data and Artificial Intelligence
Full Time
Drugstore Nigeria is Nigeria’s largest online pharmacy store where you can buy medicine. Buy drugs, medical and hospital equipment from registered pharmacies in Nigeria and get it delivered to you. Drugstore.ng enables easier and faster access to drugs. Pharmacies can reach more customers outside its locality, and reduce drug wastage due to expiry dates or low patronage. Patients can buy drugs confidently knowing that the pharmacy is registered and trustworthy.

Role Summary:

The Pricing and Market Intelligence Specialist will play a critical role in developing pricing strategies, analyzing market trends, and providing actionable insights to drive competitive advantage. This role demands strong analytical skills, a deep understanding of the pharmaceutical market, and the ability to synthesize data into business recommendations.

Key Responsibilities:

  1. Pricing Strategy Development
    • Develop and implement pricing strategies for pharmaceutical products to ensure competitiveness and profitability.
    • Monitor pricing trends and adjust strategies to respond to market dynamics.
  2. Market Analysis
    • Conduct comprehensive market research to assess competitor pricing, market demand, and customer preferences.
    • Identify opportunities for product positioning and differentiation.
  3. Data Collection and Reporting
    • Gather and analyze data from various sources, including internal sales data, market reports, and customer feedback.
    • Prepare detailed reports and dashboards to present findings to stakeholders.
  4. Stakeholder Collaboration
    • Work closely with sales, procurement, and marketing teams to align pricing strategies with business goals.
    • Provide recommendations to leadership based on market insights.
  5. Regulatory and Economic Awareness
    • Stay updated on regulatory changes, currency fluctuations, and economic trends affecting pricing strategies.
    • Ensure compliance with industry standards and guidelines.

Qualifications & Skills:

  • Bachelor’s degree in Economics, Business Administration, Data Analytics, or related field (Master’s degree preferred).
  • Minimum of 3-5 years of experience in pricing, market intelligence, or a related role, preferably in the pharmaceutical or healthcare industry.
  • Strong analytical and quantitative skills, with expertise in tools such as Excel, Power BI, or similar software.
  • Excellent communication and presentation skills.
  • Ability to work cross-functionally in a fast-paced environment.
  • Knowledge of the pharmaceutical landscape in Nigeria is highly desirable.

What We Offer:

  • A dynamic and innovative work environment.
  • Competitive salary and benefits package.
  • Opportunities for career advancement.

Method of Application

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