Do analysts make good money?

Yes, analysts make good money. The national average salary for an Analyst is $72,821 per year. The number of years of experience and the type of analyst (e.g., business, data, finance) impacts how much you can earn as an analyst.

Is pricing analyst a good job?

Yes, being a pricing analyst is a good job. Pricing analysts may see between a 15-20% rise in demand for their services within the next decade. These positions are well-sought after since many companies are now engaging in more market competition. More companies are also becoming more prevalent across the business landscape as well, resulting in a drastic increase in the need for pricing analysts.

What is a pricing analyst and how to become one

Updated January 8, 2025

4 min read

Quoted Expert

John Clark Ph.D., CFA, CFP

A pricing analyst is a person who determines the optimal price for a company's products or services by analyzing market data, customer behavior, and industry trends. They use statistical analysis and pricing models to develop pricing strategies that maximize profitability and revenue. Pricing analysts work closely with sales and marketing teams to understand customer needs and preferences, and to identify opportunities to increase sales through pricing promotions or discounts by often monitoring competitor prices..

What general advice would you give to a Pricing Analyst?

John Clark Ph.D., CFA, CFP

Chair, Dept. of Finance, University of Nevada - Las Vegas

Show you have experience. Doing an internship is a great way to increase your starting salary. I always advocate for doing applied research, this is research that you can show has implications for society - science for the sake of science is not good science! Obtaining an MS degree is also a good way to increase your salary, especially if your MS degree is relevant to your future job.

ScorePricing AnalystUS Average

Salary

5.0

Avg. Salary $64,168

Avg. Salary $59,228

Stability Level

4.9

Growth Rate 19%

Growth Rate 0.3%

Diversity

3.0

Race

American Indian and Alaska Native 0.13%

Asian 12.98%

Black or African American 5.03%

Hispanic or Latino 11.99%

Unknown 4.96%

White 64.91%

Gender

female 46.72%

male 53.28%

Age - 34

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 34

Stress Level

4.9

Stress level is manageable

7.1 - high

Complexity Level

8.2

Complexity Level is challenging

7 - challenging

Work Life Balance

4.6

Work Life balance is fair

6.4 - fair

What are the pros and cons of being a Pricing Analyst?

Pros

High demand for pricing analysts in various industries
Opportunity to work with large datasets and analytics tools
Potential for high salary and bonuses
Continuous learning and development opportunities in pricing strategies and techniques
Chance to develop valuable skills in data analysis, financial modeling, and communication

Cons

High-pressure job with tight deadlines and expectations
Hhighly technical with complex data sets and analysis methods
Highly competitive field with many qualified candidates vying for jobs
Requires significant investment in education and training to develop the necessary skills
Must stay up-to-date on industry trends and developments in pricing strategies and technologies

Key steps to become a pricing analyst

Explore pricing analyst education requirements

Most common pricing analyst degrees

Bachelor's

74.9 %

Master's

13.1 %

Associate

8.2 %

Start to develop specific pricing analyst skills

Skills	Percentages
Pricing Strategy	6.38%
Strong Analytical	6.00%
Customer Service	5.95%
Data Analysis	5.72%
SQL	4.87%

Complete relevant pricing analyst training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New pricing analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a pricing analyst based on U.S. Bureau of Labor Statistics data and data from real pricing analyst resumes.

Research pricing analyst duties and responsibilities

Manage all aspects of Medicare and PHS.
Lead team during change windows and coordinate IPLs/IMLs.
Identify and qualify leads using web-search methods, social media and LinkedIn.
Manage seamless and accurate flow of data between CRM and ERP; troubleshoot and resolve integration failures.

Prepare your pricing analyst resume

When your background is strong enough, you can start writing your pricing analyst resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a pricing analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Pricing Analyst Resume templates

Build a professional Pricing Analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Pricing Analyst resume.

Apply for pricing analyst jobs

Now it's time to start searching for a pricing analyst job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do pricing analysts rate their job?

5/5

Based On 1 Ratings

5 Stars

4 Stars

3 Stars

2 Stars

1 Star

Pricing Analyst reviews

5.0

A zippia user wrote a review on Jun 2019

Pros

Everyday is different & it’s more of an art than a science.

Cons

Pushy & dishonest sales people. Some will do anything to get better pricing