Competitive Pricing Market Analyst Salary in India
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How much does a Competitive Pricing Market Analyst make in India? The average Competitive Pricing Market Analyst salary in India is ₹956,002 as of March 18, 2021, but the range typically falls between ₹670,062 and ₹1,948,524. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Competitive Pricing Market Analyst Salary
Mastering key skills can significantly increase your earning potential as a Competitive Pricing Market Analyst. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 8% salary raise, while strong RFP skills boost pay by a 1%. Even Business Development can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
RFP
A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.
Business Development
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
More Skills...
Based on recent job listings, in-demand skills in the Competitive Pricing Market Analyst field include Analysis (8%), RFP (1%), Business Development (1%), Purchasing (1%), and Financial Analysis (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹1,032,483 |
Analysis
₹1,032,483
|
8%
|
|
| ₹965,562 |
RFP
₹965,562
|
1%
|
|
| ₹965,562 |
Business Development
₹965,562
|
1%
|
|
| ₹965,562 |
Purchasing
₹965,562
|
1%
|
|
| ₹965,562 |
Financial Analysis
₹965,562
|
1%
|
What does a Competitive Pricing Market Analyst do?
Competitive Pricing Market Analyst
Dusseldorf, DE
The key to implementing a strategy of meeting competitive prices is to have an accurate definition of competition and a knowledge of competitors’ prices.
03/14/2021
Competitive Pricing Market Analyst
Goiânia, BR
Pricing above competitors can be rewarding to organizations, provided that the objectives of the policy are clearly understood and the marketing mix is developed in such a way that the policy can be successfully implemented by management.
03/06/2021
Competitive Pricing Market Analyst
Angers, FR
Doing conjoint analysis provides price sensitivity and allows researchers to create a market model to determine what price changes will have an effect on or not change.
03/02/2021
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About India
India (Hindi: Bhārat), officially the Republic of India (Hindi: Bhārat Gaṇarājya), is a country in South Asia. It is the second-most populous country, the seventh-largest country by land area, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west;[f] China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands shar...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Competitive Pricing Market Analyst Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Mumbai, IN |
Compared to national average
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| City, Country Jaipur, IN |
Compared to national average
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| City, Country Kanpur, IN |
Compared to national average
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| City, Country Lucknow, IN |
Compared to national average
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| City, Country Nagpur, IN |
Compared to national average
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| City, Country Indore, IN |
Compared to national average
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Employees with Competitive Pricing Market Analyst in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Competitive Pricing Market Analyst in India
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| Job Title | Salary Range in INR |
|---|---|
| Job Title Competitive Pricing Analyst |
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| Job Title Competitive Pricing Manager |
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| Job Title Manager of Competitive Pricing |
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| Job Title Market and Competitive Intelligence Analyst I |
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| Job Title Market and Competitive Intelligence Analyst II |
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Understand the base salary paid range for a Competitive Pricing Market Analyst in India
Average Base Salary
Core compensation
670062
1948524
The chart shows the base salary for Competitive Pricing Market Analyst ranges from ₹670,062 to ₹1,948,524 with the average base salary of ₹956,002. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Competitive Pricing Market Analyst may get paid difference by industry, location, and factors.
Competitive Pricing Market Analyst Frequently Asked Questions in India
What is the salary range for a Competitive Pricing Market Analyst in India? What is the average hourly rate?
The average salary for a Competitive Pricing Market Analyst in India is ₹956,002 per year. The salary range for a Competitive Pricing Market Analyst is between ₹670,062 and ₹1,948,524. While we are seeing hourly wages as high as ₹937 and as low as ₹322, the majority of Competitive Pricing Market Analysts are currently paid an average of ₹460 in India. The average salary pay range for a Competitive Pricing Market Analyst can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Competitive Pricing Market Analyst in India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
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Why should you negotiate salary for a Competitive Pricing Market Analyst role? What are effective negotiation strategies?
Most hiring managers in India expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Competitive Pricing Market Analyst position that you can in India. This starting salary of the Competitive Pricing Market Analyst position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Competitive Pricing Market Analyst position in India, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
March 18, 2021
salary.com
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How do you evaluate the advantages, opportunities, and salary for a Competitive Pricing Market Analyst role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Competitive Pricing Market Analyst in the India can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Competitive Pricing Market Analyst job in a large city of the India may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the India also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Competitive Pricing Market Analyst job is right for you.
March 18, 2021
salary.com
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Last Update: March 18, 2021