When answering this interview question, it's important to demonstrate your knowledge and experience in conducting market research and analyzing data to make recommendations for pricing, promotions, and other leasing strategies. Here's an example of how you might answer this question:
"I have extensive experience in conducting market research and analyzing data to develop effective pricing, promotions, and leasing strategies. In my previous role as a marketing analyst for XYZ company, I was responsible for conducting market research on our target audience, analyzing data on our current leasing strategies, and making recommendations for pricing and promotions.
One project I worked on involved analyzing the effectiveness of our current pricing strategy and making recommendations for adjustments. I conducted a survey of our target audience to gather feedback on our pricing, and also analyzed sales data to identify trends and patterns. Based on this research, I recommended a new pricing strategy that resulted in a 10% increase in sales within the first quarter.
In addition to pricing, I also conducted market research on our competitors' promotions and leasing strategies to identify opportunities for improvement. I made recommendations for new promotions and leasing strategies based on this research, which resulted in increased customer engagement and retention.
Overall, my experience in conducting market research and analyzing data has given me a strong foundation in developing effective pricing, promotions, and leasing strategies. I am confident in my ability to apply these skills to any new role I take on."