A person working as a Revenue Manager in South Africa will on average earn $9737 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $9,737.00 |
| Weekly salary | $187.25 |
| Daily salary | $26.68 |
| Hourly salary | $3.33 |
This means revenue manager salary is above average!
Job Industry: hospitality
Description: A revenue manager is responsible for maximizing a company's revenue by strategically managing pricing, inventory, and distribution channels. They analyze market trends, competitor pricing, and customer behavior to develop pricing strategies that optimize revenue and profitability. Revenue managers collaborate with various departments such as sales, marketing, and finance to ensure alignment of revenue goals and strategies. Key responsibilities of a revenue manager include forecasting demand, setting pricing structures, monitoring inventory levels, conducting revenue analysis, and implementing revenue management systems. They also evaluate the effectiveness of pricing strategies and make adjustments as needed. Strong analytical skills, data-driven decision-making, and a deep understanding of market dynamics are essential for this role.
Tagged with: revenue manager, pricing strategy, revenue optimization, demand forecasting, inventory management, data analysis