Main Purpose:
· Responsible to provide pricing support and market information to the rental segment of the company.
· Responsible to monitor the latest trends in the car rental market, make recommendations and implement price changes ensuring that company is placed in line with business needs while maximizing rental revenues.
Job Responsibilities/Accountabilities:
· Work with the Commercial Manager to hypothesize, implement, supervise, and deploy pricing A/B tests using sophisticated procedures.
· Monitor rate parity to keep track of pricing on the competitors landscape. Find insights and provide strategic recommendations accordingly.
· Partner with the business team to price new supplies, promotions, and other initiatives. Review monthly pricing KPIs with account managers.
· Build automated alerts to monitor anomalies related to pricing, business performance and supplier activity.
· Collaborate with cross functional teams to capture insights and influence decision making.
· To collect data on competitor prices from both domestic and online sources.
· Analysis of competitor prices and action planning.
· Analysis of business generated through various brokers engaged in overseas markets for inbound business.
· To conduct profitability analysis of business generated through our Corporate Partnership arrangements of Eurostar.
· Recommendations on prices changes
· Creation of new Tariffs and Rates for short- and long-term hires
· Managing discount matrices for corporate accounts
· Managing Rates for ancillary services
· Working out Holding costs for new models to assess the financial viability for rental fleet
· Analytical support to Chauffeur / Driven services segment
· Generation of monthly reports capturing revenues generated.
· Other duties assigned by Commercial Manager / General Manager.