Product Marketing Pricing intern

📌 Core Information

🔹 Job Title: Product Marketing Pricing Intern

🔹 Company: Signify Netherlands B.V.

🔹 Location: Milan, Lombardy, Italy

🔹 Job Type: Full-Time, Internship

🔹 Category: Marketing

🔹 Date Posted: May 27, 2025

🔹 Experience Level: Entry-Level (0-2 years)

🔹 Remote Status: On-site

🚀 Job Overview

Key aspects of this role include:

• Managing the Price Pocket Waterfall to optimize pricing strategies
• Overseeing promotions and deals approval to maximize profitability
• Supporting the quotation process to ensure accurate and competitive pricing
• Setting up a margin product plan to increase profitability

ASSUMPTION: This role is focused on pricing strategies and profitability, contributing to Signify's mission of transforming the lighting industry through innovative solutions.

📋 Key Responsibilities

✅ Manage Price Pocket Waterfall to optimize pricing strategies

✅ Oversee promotions and deals approval to maximize profitability

✅ Support quotation process to ensure accurate and competitive pricing

✅ Set up margin product plan to increase profitability

ASSUMPTION: The intern will work closely with the marketing and finance teams to ensure pricing strategies align with both departmental goals and overall company objectives.

🎯 Required Qualifications

Education: Marketing or Finance studies

Experience: Entry-level (0-2 years)

Required Skills:

• Fluent in English
• Proficient in Excel, PowerBI, and SAP
• Strong team player

Preferred Skills:

• Data analytics skills
• AI and smart solutions understanding

ASSUMPTION: While not explicitly stated, having data analytics skills and an understanding of AI and smart solutions would be beneficial for this role, given Signify's focus on these areas.

💰 Compensation & Benefits

Salary Range: €1,200 - €1,500 per month (based on Italian internship standards)

Benefits:

• On-the-job training and coaching
• Opportunities for career growth and progression
• Inclusive work environment with diverse global team

Working Hours: Full-time (40 hours/week)

ASSUMPTION: The salary range is estimated based on Italian internship standards, as no specific salary information was provided.

📌 Applicant Insights

🔍 Company Context

Industry: Appliances, Electrical, and Electronics Manufacturing

Company Size: 10,001+ employees (global), with a presence in over 70 countries

Founded: 1891 (originally as Philips Lighting, now Signify)

Company Description:

• World leader in lighting for professionals and consumers
• Focuses on unlocking the extraordinary potential of light for brighter lives and a better world
• Offers advanced products, connected systems, and services designed to enhance well-being, elevate experiences, and advance sustainability

Company Specialties:

• LED lighting
• Connected lighting and IoT
• Data analytics and AI

Company Website: www.signify.com

ASSUMPTION: Signify is a global leader in the lighting industry, with a strong focus on innovation, sustainability, and data-driven solutions.

📊 Role Analysis

Career Level: Entry-level (Intern)

Reporting Structure: The intern will report directly to the Product Marketing Manager

Work Arrangement: On-site, full-time (40 hours/week)

Growth Opportunities:

• On-the-job training and coaching
• Potential full-time employment after the internship
• Career progression within the marketing or finance departments

ASSUMPTION: This internship offers opportunities for learning and growth, with the potential for full-time employment upon completion.

🌍 Location & Work Environment

Office Type: On-site, with a global presence

Office Location(s): Milan, Lombardy, Italy

Geographic Context:

• Milan is the second-largest city in Italy and a major economic hub
• Lombardy is a region in northern Italy, known for its vibrant economy and cultural heritage
• Italy is a member of the European Union and has a strong economy

Work Schedule: Full-time (40 hours/week), with the possibility of flexible hours

ASSUMPTION: The work environment is dynamic and global, with opportunities for collaboration and growth.

💼 Interview & Application Insights

Typical Process:

• Online application submission
• Phone or video screening
• In-person or virtual interview with the hiring manager
• Final decision and offer

Key Assessment Areas:

• Pricing strategy knowledge
• Data analysis skills
• Teamwork and collaboration

Application Tips:

• Highlight relevant coursework or projects related to pricing, marketing, or finance
• Tailor your resume and cover letter to emphasize your skills in Excel, PowerBI, and SAP
• Show enthusiasm for Signify's mission and values

ATS Keywords: Pricing strategy, marketing, finance, Excel, PowerBI, SAP, team player, data analytics, AI, smart solutions

ASSUMPTION: The application process may vary, but typically involves an online application, followed by phone or video screening and an in-person or virtual interview.

🛠️ Tools & Technologies

• Excel
• PowerBI
• SAP

ASSUMPTION: Proficiency in Excel, PowerBI, and SAP is required for this role, as these tools are essential for data analysis and reporting.

👔 Cultural Fit Considerations

Company Values:

• Customer-centric
• Innovative
• Sustainable
• Inclusive

Work Style:

• Collaborative
• Data-driven
• Agile

Self-Assessment Questions:

• How do you approach pricing strategies in a competitive market?
• Can you provide an example of a time when you used data analysis to inform a decision?
• How do you work effectively in a team, and how do you handle conflicts or disagreements?

ASSUMPTION: Signify values a customer-centric, innovative, and sustainable approach to business, with a focus on collaboration and data-driven decision-making.

⚠️ Potential Challenges

• Working in a global company may require adapting to different work cultures and time zones
• The role may involve managing multiple projects and deadlines simultaneously
• There may be a need to learn and adapt to new tools and technologies quickly
• Italian internship standards may differ from those in other countries, affecting compensation and benefits

ASSUMPTION: While this role offers many opportunities for growth and learning, there may also be challenges related to working in a global company and adapting to new tools and technologies.

📈 Similar Roles Comparison

• This role is unique in its focus on pricing strategy and profitability within the marketing department
• Similar roles in other companies may have a broader focus on marketing or sales, rather than pricing strategy
• Career progression in this role may lead to positions in marketing, finance, or pricing strategy

ASSUMPTION: This role is unique in its focus on pricing strategy and profitability, offering opportunities for career growth within marketing, finance, or pricing strategy.

📝 Sample Projects

• Analyzing pricing data to identify trends and opportunities for optimization
• Developing and implementing a margin product plan to increase profitability
• Supporting the quotation process to ensure accurate and competitive pricing

ASSUMPTION: These sample projects are based on the responsibilities outlined in the job description and provide a sense of the day-to-day tasks involved in this role.

❓ Key Questions to Ask During Interview

• How does this role contribute to Signify's overall mission and goals?
• What opportunities are there for learning and growth within this role?
• How does the team collaborate and support each other in achieving success?
• What are the key priorities for this role in the first 30, 60, and 90 days?
• How does Signify support work-life balance for its employees?

ASSUMPTION: These interview questions are designed to provide insight into the role, the team, and the company culture, helping applicants make an informed decision about the position.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through this link
• Tailor your resume and cover letter to highlight your skills in marketing, finance, and data analysis
• Prepare for the interview by researching Signify's mission, values, and recent projects
• Follow up with the hiring manager one week after submitting your application

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.