Sr Director, Product Pricing
Santa Clara County, CA - USA
Department:
Job Summary
ServiceNow is seeking a world-class Sr. Director of Product Pricing to build and lead the team that is responsible for product monetization and packaging Sr. Director of Product Pricing will develop and implement the pricing and packaging strategy for ServiceNows growing suite of products. We are searching for an executive who brings extensive experience in successfully crafting monetization strategies into market along with leading strategic pricing initiatives in the technology industry. The Sr. Director of Product Pricing will be a key driver in setting the stage to enable ServiceNows continued and rapid growth energizing existing products across the platforms and paving the way to launching new products concurrently with reimagining existing ones.
This person must combine superior communication skills with rich technical and analytical depth and the ability to understand and articulate the technical and business value of ServiceNows full suite of products the dynamics of the markets in which they compete and the business value they deliver.
This leader will build and evolve our Product Pricing Strategy practice and lead all product pricing initiatives across ServiceNow. The successful candidate will be comfortable immersing him or herself in data to ensure that customer needs financial objectives and product requirements are aligned to our pricing approach. S/he will operate with conviction and partner extensively with cross functional teams to gain alignment and enable execution. The successful candidate must possess the ability to persuade others with a data driven approach partner extensively with Product GMs and Sales leaders and the ability to manage a team of high achieving individuals and leaders. This is an opportunity to partner with our C-level executive team to transform ServiceNow product strategy and deliver customer friendly innovative pricing solutions to market.
The Role
ServiceNow is building the next generation of pricing and monetization for an AI-powered enterprise platform used by the majority of the Fortune 500. This role exists todefine how value is packaged priced and scaledacross a rapidly expanding product portfolio including AI-driven capabilities platform services and consumption-based offerings.
ServiceNows pricing & monetization function is built on a simple conviction: pricing done well isnt a back-office functionits a strategic lever that shapes how customers experience value and how the business grows.
Our work impacts ServiceNows complete portfolio and most consequential product lines. As our portfolio evolves and new innovations come to market the need for sharp structured thinking on how we bring them to marketand how we price and package themhas never been greater.
Were looking for someone who brings more than pricing mechanics. We want a strategist who can sit alongside product leaders challenge assumptions synthesize market signals and translate complexity into clear recommendations that hold up in a Pricing Committee room.
This is not an operational or analytics seat. Its an opportunity to own monetization strategy across a multi-product business unit at one of the fastest-growing enterprise software companies in the worldand to have your fingerprints on how we grow.
Additional Responsibilities
Pricing & Packaging and Portfolio Design
Determine monetization strategy for ongoing and new Business Unit innovations across good/better/best framework
Drive prioritization and clarity of pricing and packaging strategies across Business Units
Ensure BU strategies align to corporate pricing and packaging strategic roadmap
Provide key monetization strategy inputs into BU level 3 year strategic plans ensuring interlock with product strategies
Design buying packages that simplify entry accelerate expansion and support multi-product adoption.
Determine how applications and capabilities are grouped across suites and editions.
Partner with Product to influence roadmap decisions through a monetization and value lens.
Develop approaches for metering measurement and value realization particularly for AI-driven functionality.
Alignment of new product launches to standard pricing meters consistent value based list price setting and discount guidance model
Ensure product telemetry requirements are identified and delivered in support of go forward pricing models
Determine list and targeted net realized pricing for each offer.
Execute market benchmarking and gather feedback from GTM teams to ensure sales and customer alignment
Transform key insights into actionable recommendations and communicate findings to cross-functional stakeholders and senior executive leadership
Prepare BUs for the Pricing Committee approval reviews with pricing proposals that are robust
AI-Native & Next-Gen Models
Anticipate how AI automation and digital labor shift pricing logic packaging and value attribution.
Explore usage performance and outcome-based monetization where appropriate.
Define how trials previews and proofs of value translate into scalable commercial models.
Execution & Scale
Translate strategy into operational reality across quoting billing renewals and renewals economics.
Monitor market dynamics competitive moves and customer behavior to continuously refine pricing.
Lead customer / market studies around feature value packaging and pricing
Leadership
Build and lead a high-caliber global product pricing organization with strong product analytical and commercial instincts.
Operate as a trusted partner to senior executives with the presence to influence complex decisions.
Establish operating rhythms accountability and clear outcomes across a distributed team.
Drive productivity and scale out a core team of direct reports
Qualifications :
To be successful in this role you have:
- Experience in leveraging or critically thinking about how to integrate AI into work processes decision-making or problem-solving. This may include using AI-powered tools automating workflows analyzing AI-driven insights or exploring AIs potential impact on the function or industry.
8-15 years of experience in enterprise technology industry across strategic planning pricing product management / strategy and/or management consulting with 4 years of specific experience packaging and pricing for software businesses
4 years of experience with leading and managing teams
Experience designing and launching new-to-company strategies focused on pricing and packaging that have a direct and measurable impact on TCV.
Track record of aligning a product and pricing portfolio with the needs and preferences of product segments.
Experience facilitating pricing research including conjoint and other direct pricing studies
Experience structuring and guiding analysis and extracting insights to inform decisions
Experience redesigning pricing models to be simpler encourage usage and better matched to value delivery.
Strong understanding of value-based pricing theories and analytical methodologies
Strong communication skills that can be tailored to senior executive level as well as line management
Experience partnering closely with sales product management and finance on companywide initiatives.
Experience building and managing a team of 10-20 talented individuals and managers.
Experience leading building and transforming an organizations global product pricing function from product strategy through field execution.
Conduct monthly and quarterly business reviews providing strategic and actionable insights with the sales product and finance leadership team.
Oversee and optimize pricing operations through innovative digital transformation.
Bachelors degree in a related discipline is required. MBA desired.
JV20
For positions in this location we offer a base pay of $220300 - $396500 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 and their assigned work location. Learn more here. To determine eligibility for a work persona ServiceNow may confirm the distance between your primary residence and the closest ServiceNow office using a third-party service.
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 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 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. 2025 Fortune Media IP Limited. All rights reserved. Used under license.
Remote Work :
No
Employment Type :
Full-time
About Company
Learn here. Grow here. Make a difference here. At ServiceNow, our cloud?based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and enterprises. Were growing fast, innovating even faster, and making an impact on our c ... View more