BigBasket Price Benchmarking Job in Mysore: An Exciting Opportunity for Freshers
Are you a brisker trying to begin your career with one of the main e-commerce giants in India? Do you have a keen interest in fact assessment, pricing strategies, and market research? If so, a BigBasket Price Benchmarking task in Mysore might be the best possibility for you. With beginning profits of 1-3. Five Lakhs in keeping with annum, this function guarantees an increase, publicity to the short-paced e-commerce business enterprise, and good learning possibilities for young experts.
- Job Role: Price Benchmarking
- Salary: Rs 1-3.5 Lacs P.A.
- Location: Mysore
- Company: BigBasket
- Qualifications: Any Graduate
- Experience: 0 – 1 years
ABOUT BIGBASKET
BigBasket is considered one of India’s main online grocery transport offerings, presenting a wide variety of merchandise, which includes fresh produce, pantry staples, personal care products, and more. Founded in 2011, BigBasket revolutionized the manner Indian customers shop for groceries by presenting handy, door-to-door shipping offerings. The agency focuses on turning in outstanding merchandise at competitive costs, making sure a continuing purchasing revel in. With a sturdy delivery chain and era-driven answers, BigBasket serves hundreds and lots of clients all over primary cities in India. The agency is committed to innovation and sustainability, making grocery buying much less tough, quicker, and greater on hand for current-day customers.
Job Description:
The BigBasket Price Benchmarking interest in Mysore includes analyzing competitor pricing, accumulating marketplace records, and assisting in setting competitive fee points. Responsibilities consist of getting ready critiques, taking part in cross-functional teams, monitoring developments, and identifying pricing gaps. Ideal applicants are freshers with robust analytical competencies, an interest in elements, and talent in Excel. A diploma in commercial enterprise or economics is preferred. This feature gives valuable exposure to e-commerce and records-driven decision-making.
What is Price Benchmarking at BigBasket?
Price benchmarking is the procedure of evaluating the expenses of products presented by BigBasket with those of its competitors in the marketplace. The motive is to ensure that BigBasket’s pricing approach is competitive, apparent, and aligned with customer expectations, even while also retaining profitability. It’s critical in e-trade as price performs an extensive function in client decision-making. As a part of the pricing group at BigBasket, freshers might be worried about accumulating and studying information from severa assets, project marketplace studies, and helping set the costs for particular product instructions to maximize BigBasket’s market percentage.
Key Responsibilities:
- Market Research: Collect and examine price information from diverse opposition within the marketplace to assess the competitiveness of BigBasket’s product costs.
- Data Collection and Analysis: Use system and software program to build up and examine pricing statistics for notable product instructions on a each day or weekly basis.
- Price Comparison: Identify price gaps among BigBasket and the competition, recommending modifications to preserve competitive pricing.
- Reporting: Prepare ordinary critiques and dashboards showcasing the overall performance of pricing techniques, insights from data analysis, and recommendations for pricing adjustments.
- Collaboration with Internal Teams: Work carefully with the advertising and marketing, delivery chain, and product teams to align on price points in a good manner to stress income and profitability.
- Trend Monitoring: Monitor adjustments in market situations, competitor pricing techniques, and purchaser behavior tendencies that can impact BigBasket’s pricing approach.
- Price Strategy Development: Assist in developing and implementing pricing techniques based on records analysis to optimize sales, margins, and market competitiveness.
Required Qualifications:
- Educational Qualification: A bachelor’s diploma in any area. A degree in business, economics, or records analytics is preferred.
- Freshers Welcome: No earlier revel in is wanted, even though an interest in e-trade, pricing techniques, or market studies is a bonus.
- Analytical Skills: Strong analytical and problem-fixing abilities. Ability to paintings with big datasets and derive actionable insights.
- Attention to Detail: An eager eye for detail, especially while operating with pricing statistics.
- Communication Skills: Excellent written and verbal communication abilities, as you may need to prepare critiques and collaborate with exquisite companies.
- Technical Proficiency: Basic information on Excel and different record assessment equipment. Familiarity with SQL or other programming languages is a plus.
- Problem-Solving Mindset: Ability to examine statistics from unique perspectives and advocate cutting-edge pricing techniques.
Soft Skills:
- Strong interpersonal competencies and the ability to work in a team environment
- Quick learner with a terrific mindset within the path of adapting to new methods and generations.
- Ability to multitask and prioritize effectively in a fast-paced environment
Salary and Benefits:
BigBasket gives appealing profits for freshers beginning in the Price Benchmarking method in Mysore. The compensation bundle usually falls within the range of one – 3.5 Lakhs in line with annum based totally for your qualifications and enjoy. In addition to the aggressive earnings, employees can count on the subsequent advantages:
- Health and Wellness: Medical insurance and well-being packages.
- Learning & Development: Opportunities for upskilling and professional growth through internal training applications.
- Work-Life Balance: Flexible working hours and a supportive work environment.
- Employee Discounts: Discounts on BigBasket products and services.
Career Growth and Learning Opportunities:
In the long term, you could discover boom possibilities in areas along with:
- Data Analytics: As you gain more experience with data, you could transition into roles collectively as a data analyst or commercial company analyst.
- Pricing Strategy: Over time, you could address more senior roles which includes Pricing Manager or Strategy Manager, in that you might oversee the entire pricing approach for BigBasket.
- Product Management: Transitioning into product control roles is some other choice for folks that are inquisitive about overseeing a product’s existence cycle, from pricing to market launch.
Why Should You Consider a BigBasket Price Benchmarking Job?
- Exposure to E-trade: The e-exchange enterprise in India is booming, and BigBasket is one of the key players. Working in these surroundings will come up with precious employer experience.
- Learning Curve: As a fresher, this feature will divulge you to statistics-driven choice-making, pricing strategies, and competitor evaluation—capabilities which may be notably transferable all through various industries.
- Opportunity for Growth: BigBasket is a developing company with many career improvement possibilities for employees inclined to tackle challenges and showcase management ability.
- Competitive Salary: The income supplied for the BigBasket Price Benchmarking pastime is competitive and springs with additional perks, making it an attractive alternative for freshers beginning their careers.
How to Apply for the BigBasket Price Benchmarking Job?
To observe for a BigBasket Price Benchmarking manner in Mysore, go to the reliable BigBasket careers website or relevant task portals. Be high quality to have an up-to-date resume that highlights your educational historical past, relevant abilties, and any tasks or internships you’ve undertaken that screen your analytical talents.
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