Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Pricing Manager image - Rise Careers
Job details

Pricing Manager

Company Description

It all started in sunny San Diego, California in 2004 when a visionary engineer, Fred Luddy, saw the potential to transform how we work. Fast forward to today — ServiceNow stands as a global market leader, bringing innovative AI-enhanced technology to over 8,100 customers, including 85% of the Fortune 500®. Our intelligent cloud-based platform seamlessly connects people, systems, and processes to empower organizations to find smarter, faster, and better ways to work. But this is just the beginning of our journey. Join us as we pursue our purpose to make the world work better for everyone.

Job Description

What you get to do in this role:

You will help develop insights and execute pricing strategies to drive growth and improvements in our Technology Workflow businesses. You will also lead our direct and indirect channel pricing strategy & policies ensuring commercial parity across all routes to market.

  • Lead the pricing and monetization strategy across Technology Workflow products and use relevant analytical techniques to segment the market and make packaging recommendation
  • Develop the pricing and monetization framework for our Technology Workflow products ensuing a fair share of value capture
  • Conduct periodic reviews of price realization across all routes to market and drive recommendations to improve revenue and simplify our selling motion
  • Define, track and measure pricing KPIs, defining actionable decision insights on pricing performance, implement continuous pricing optimization plan and drive this process
  • Conduct and commission end-user pricing studies, including conjoint, competitive market positioning, street price and price elasticity analyses
  • Translate pricing strategy into executable plans partnering cross functionally with Sales Ops, IT, Partner Ops and Sales Enablement teams
  • Assist in identifying new business and growth opportunities to create incremental growth, including new pricing models, pricing promotions, and go to market approaches

Qualifications

To be successful in this role you have:

  • 5+ years of experience in enterprise technology industry across pricing, sales strategy, business operations and/or product strategy
  • 3+ Years of Pricing Strategy, Product Management, GTM or Business Strategy experience in a technology or consulting firm. Experience in the economic drivers of the service provider space a big plus
  • Strong proficiency with synthesizing large data sets with Excel and other BI tools
  • Experience applying value-based pricing theories and analytical methodologies
  • SaaS/PaaS business knowledge with the ability to understand and model the tradeoffs of GTM pricing and monetization decisions
  • A framework or process by which to make decisions. At times, will need to make decisions quickly and often with incomplete data
  • Expertise in designing pricing or marketing surveys such as conjoint analyses, A/B testing or equivalent
  • Deep understanding of your target users and are adept at understanding their problems and arriving at elegant solutions to those problems
  • An Effective Influencer/communicator and are highly effective in securing buy-in on pricing/monetization strategies from executives and leaders across the business

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

For positions in this location, we offer a base pay of $119,300 - $208,700, plus equity (when applicable), variable/incentive compensation and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the base pay shown is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location. We also offer health plans, including flexible spending accounts, a 401(k) Plan with company match, ESPP, matching donations, a flexible time away plan and family leave programs. 

Compensation is based on the geographic location in which the role is located and is subject to change based on work location.

Additional Information

Work Personas

We approach our distributed world of work with flexibility and trust. Work personas (flexible, remote, or required in office) are categories that are assigned to ServiceNow employees depending on the nature of their work. Learn more here.

Equal Opportunity Employer

ServiceNow is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, national origin or nationality, ancestry, age, disability, gender identity or expression, marital status, veteran status, or any other category protected by law. In addition, all qualified applicants with arrest or conviction records will be considered for employment in accordance with legal requirements. 

Accommodations

We strive to create an accessible and inclusive experience for all candidates. If you require a reasonable accommodation to complete any part of the application process, or are unable to use this online application and need an alternative method to apply, please contact [email protected] for assistance. 

Export Control Regulations

For positions requiring access to controlled technology subject to export control regulations, including the U.S. Export Administration Regulations (EAR), ServiceNow may be required to obtain export control approval from government authorities for certain individuals. All employment is contingent upon ServiceNow obtaining any export license or other approval that may be required by relevant export control authorities. 

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. 

ServiceNow Glassdoor Company Review
4.5 Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon
ServiceNow DE&I Review
4.6 Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon
CEO of ServiceNow
ServiceNow CEO photo
Bill McDermott
Approve of CEO

Average salary estimate

$164000 / YEARLY (est.)
min
max
$119300K
$208700K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Pricing Manager, ServiceNow

As a Pricing Manager at ServiceNow, you will play a crucial role in shaping the future of Technology Workflow businesses. At the heart of this position is your ability to develop insights and execute dynamic pricing strategies that not only drive growth but also ensure we maintain our competitive edge. You’ll lead the direct and indirect channel pricing strategy while ensuring all routes to market are on the same page with commercial parity. Your analytical prowess will shine as you create frameworks that enable fair value capture and measure pricing performance through key performance indicators. If you're passionate about understanding market dynamics and enjoy conducting pricing studies and analyses, you’ll find this role particularly rewarding. Collaboration is key in your role, as you’ll regularly interact with cross-functional teams including Sales Ops and IT to bring your pricing strategies to life. If you have a solid 5+ years of experience in the technology industry with a focus on pricing and strategy, and you're excited about designing innovative pricing solutions, we'd love to see you apply. Remember, at ServiceNow, we value diverse backgrounds and experiences, so even if you don’t tick every box, if you’re ready to contribute and grow, make sure to apply. This is your opportunity to make impactful decisions as we forge ahead to redefine how the world works. Your base pay will range from $119,300 - $208,700, complemented by a comprehensive benefits package. Join us and let’s create smarter and better ways to work together!

Frequently Asked Questions (FAQs) for Pricing Manager Role at ServiceNow
What is the role of a Pricing Manager at ServiceNow?

A Pricing Manager at ServiceNow is responsible for developing and executing pricing strategies that drive growth in Technology Workflow businesses. This includes leading pricing across channels, conducting market analyses, and ensuring that the pricing aligns with business objectives and market conditions.

Join Rise to see the full answer
What qualifications do I need to become a Pricing Manager at ServiceNow?

To be a successful Pricing Manager at ServiceNow, you ideally should have at least 5+ years of experience in the enterprise technology sector, particularly in pricing strategy, product management, or business operations. Familiarity with SaaS/PaaS models and analytical tools will also be essential.

Join Rise to see the full answer
How does the Pricing Manager contribute to the growth of ServiceNow?

The Pricing Manager contributes to growth by developing insights and pricing strategies that optimize revenue and enhance market positioning. They analyze market trends, monitor pricing KPIs, and lead initiatives that capture value for the company, thereby driving profitability.

Join Rise to see the full answer
What kind of analytical skills do I need as a Pricing Manager at ServiceNow?

Strong analytical skills are pivotal for a Pricing Manager at ServiceNow. You should be proficient in data synthesis using Excel and business intelligence tools, as well as methodologies like conjoint analysis and price elasticity studies to inform pricing decisions.

Join Rise to see the full answer
Is pricing strategy important at ServiceNow?

Absolutely! Pricing strategy is vital at ServiceNow as it directly impacts revenue and market competitiveness. The Pricing Manager plays a key role in establishing pricing frameworks that maximize customer value while ensuring sustainable growth.

Join Rise to see the full answer
What support does ServiceNow provide for further education and development for Pricing Managers?

ServiceNow fosters a culture of continuous learning and development. Pricing Managers have access to training programs, workshops, and resources to enhance their skills in data analysis, market research, and strategic thinking, helping them stay ahead in their careers.

Join Rise to see the full answer
Can I apply for the Pricing Manager role if my experience doesn't directly align?

Yes! ServiceNow encourages diverse applicants. If you have relevant skills or experience that could transfer well to the Pricing Manager role, we welcome your application as unique backgrounds can bring valuable perspectives to our team.

Join Rise to see the full answer
Common Interview Questions for Pricing Manager
What strategies would you implement to drive pricing optimization?

In response, discuss various analytical frameworks you would use, such as competitive analysis, customer segmentation, and reviewing price sensitivity. Providing specific examples of how you’ve successfully implemented these strategies in the past will strengthen your answer.

Join Rise to see the full answer
How do you conduct market pricing analysis?

Explain your process for gathering market data, utilizing research methods such as surveys or competitive assessments. Detail how you would analyze this data to inform pricing decisions, showcasing your analytical skills and strategic mindset.

Join Rise to see the full answer
Describe your experience with value-based pricing.

In your answer, reflect on situations where you’ve used value-based pricing theories. Discuss how you assessed customer willingness to pay and how you captured perceived value, emphasizing any frameworks you employed.

Join Rise to see the full answer
How do you handle situations with incomplete data during pricing decisions?

Explain your approach to making informed decisions, such as relying on historical data, leveraging your instincts based on market trends, or utilizing qualitative insights to mitigate the risks associated with incomplete information.

Join Rise to see the full answer
How would you assess the effectiveness of a pricing strategy?

Discuss the key performance indicators (KPIs) you typically track, such as revenue growth, customer acquisition costs, or marketplace position. Provide examples of adjustments you’ve made based on performance metrics in previous roles.

Join Rise to see the full answer
Can you give an example of a successful pricing model you developed?

Use this opportunity to share a detailed case study where you successfully implemented a pricing model. Focus on the challenges faced, the data-driven decisions made, and the ultimate success achieved, quantifying results where possible.

Join Rise to see the full answer
How do you prioritize different pricing strategies across various products?

Your answer should reflect a strategic mindset; explain how you evaluate market potential, customer feedback, and overall business objectives while addressing trade-offs and potential impacts on different product lines.

Join Rise to see the full answer
What role does communication play in your pricing strategy?

Emphasize the importance of collaboration across departments, illustrating how you would secure buy-in from stakeholders. Effective communication is crucial for the successful implementation of pricing strategies.

Join Rise to see the full answer
What tools or software do you use for pricing analysis?

Mention any relevant software or BI tools with which you are familiar. Describe how you leverage these tools to manage and analyze data effectively, supporting your pricing decisions with concrete data.

Join Rise to see the full answer
How do you approach competitor pricing analysis?

Outline your methodology for researching competitor pricing, identifying gaps, and responding strategically. Your answer should reflect an analytical mindset, focusing on how you use this information to inform and adjust your own strategies.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
ServiceNow Remote Office Park Office Park, Plot A-007-001 Floor 3, Units A305-309, Dubai, United Arab Emirates
Posted 10 hours ago
Inclusive & Diverse
Mission Driven
Rise from Within
Diversity of Opinions
Work/Life Harmony
Empathetic
Feedback Forward
Take Risks
Collaboration over Competition
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Conferences Stipend
Paid Time-Off
Maternity Leave
Equity
Photo of the Rise User
ServiceNow Remote Salarpuria Sattva Knowledge City Knowledge City, Unit II, 17 to 10 Floor Survey No. 83/1, Serilingampally Mandal, Hyderabad, India
Posted 9 hours ago
Inclusive & Diverse
Mission Driven
Rise from Within
Diversity of Opinions
Work/Life Harmony
Empathetic
Feedback Forward
Take Risks
Collaboration over Competition
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Conferences Stipend
Paid Time-Off
Maternity Leave
Equity
Photo of the Rise User
Posted 2 days ago

We're on a mission to become the defining enterprise software company of the 21st century.

500 jobs
MATCH
Calculating your matching score...
CULTURE VALUES
Inclusive & Diverse
Mission Driven
Rise from Within
Diversity of Opinions
Work/Life Harmony
Empathetic
Feedback Forward
Take Risks
Collaboration over Competition
BENEFITS & PERKS
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Conferences Stipend
Paid Time-Off
Maternity Leave
Equity
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 27, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!