Our Pricing Strategy course equips the learners with the fundamental skill and knowledge of designing a profitable pricing strategy utilising a proven methodology that aids customers see your business’s value.
Setting up a lucrative price for your service/ product is a quintessential element in any kind of business in attracting a large chunk of customers. However, numerous entrepreneurs utilise random guesswork at finalising the price of their product or service, which dents a significant portion of your finances.
Hence, it becomes an absolute necessity to utilise the pricing strategy to maximise the customer perceptions of value to justify costlier prices and boost profit margins.
So, suppose you’re an entrepreneur who’s looking to learn about developing an efficient product strategy. In that case, you can enrol in our Pricing Strategy course and enlighten yourself with numerous advanced product strategies.
In our Pricing Strategy course, the learner will comprehend in-depth coverage of devising advanced pricing strategies for your business. The learner will also understand how investors assess pricing strategies, the advantages and disadvantages of various pricing models, estimate margins, average margins for particular industries and retail categories, standard price sensitivity, and create a pricing profile.
In addition, this Pricing Strategy course is designed to develop a solid pricing strategy that places your organisation on a prosperous path.
Learning Outcome of Pricing Strategy
By the end of this Pricing Strategy course, you will learn –
- The importance of price placement in your business immediately
- How to develop an effective pricing strategy
- How do customers perceive price and value
- Knowledge of adding value to products to boost margin
- How to justify costlier prices in a competitive market
- Identifying the products in which the customers will pay higher
- The significance of pricing for potential investors
- Understanding which pricing model should the learner utilise for their business
- Setting up achievable goals and objectives
The Pricing Strategy course is a popular training course that is ideal for understanding the key elements in developing an effective winning pricing strategy. So, suppose you want to learn about advanced tips for comprehending advanced pricing strategy, our Pricing Strategy course is perfect for you.
Our online courses come with lifetime access with no time limit for completion. Each course is fully accessible from a tablet, mobile or laptop, as long as there is a secure internet connection.
We pride ourselves on our supportive network of dedicated instructors and attentive customer service team who are dedicated to assisting you through your learning journey. Contact them at any time via email should you have any questions or queries.
Skills You Will Master
- Negotiation skill
- Persuasion skill
- Delegation skill
- Inspiration skill
- Communication skills
Why Choose Skill Express
- Instantly accessible CPD Accredited certificate on successful course completion
- 24/7 access to the course for a lifetime
- Developed by qualified professionals with updated resources
- Full Tutor support on weekdays (Monday – Friday)
- No hidden fees or exam charges
Who Is This Course For?
Anyone interested in learning how to create an effective pricing strategy for your business can enrol in our Pricing Strategy course.
This Pricing Strategy course is ideal for any aspiring:
- Marketing Analyst
After completing the course successfully, you will be required to pass an automated, multiple-choice questions test which will give you the instant result once you finish the exam. And you can get all of these in a one-time payment!
After completing the course successfully, the learner will immediately receive an E-Certificate, which will be completely free of cost. Also, you can have your printed certificate delivered by post. Although there is no expiry date on the certificate, we do recommend our learners renew the certificate every twelve months.
There is no requirement needed—only basic English and Computing skills and a firm desire, passion, patience, and focus towards learning wholeheartedly.
This Pricing Strategy course opens a brand new door for you to enter the relevant job market and also provides you with the chance to accumulate in-depth knowledge at the side of needed skills to become flourish in no time. You will also be able to add your qualifications to your CV, enhance your career and become more competitive in your chosen industry.
|Pricing Strategy Overview||00:03:00|
|What Pricing Communicates to Your Customers|
|What Price Communicates||00:05:00|
|Types of Pricing Strategies||00:02:00|
|What Investors are Looking for in Your Pricing Strategy||00:02:00|
|Test Your Pricing||00:01:00|
|Pricing Model Basics|
|The 3 Pricing Models||00:03:00|
|Guess The Pricing Model||00:03:00|
|Examples of Pricing Models||00:01:00|
|Case Study: T-Shirt Pricing||00:02:00|
|Pricing Strategy and Your Competitors|
|Common Pricing Strategy Mistakes||00:02:00|
|5 Key Steps to Pricing Strategy||00:01:00|
|Researching Your Market||00:05:00|
|Case Study: Researching the Competition||00:03:00|
|Pricing Strategy and Your Margins|
|Know Your Margins||00:10:00|
|Average Industry Margins||00:02:00|
|Understanding Price Influencers|
|Pricing Influencers Explained||00:02:00|
|Pricing Variable 1 – Competition||00:01:00|
|Pricing Variable 2 – Demand||00:02:00|
|Pricing Variable 3 – First of a Kind||00:02:00|
|Pricing Variable 4 – Uniqueness||00:03:00|
|Pricing Variable 5 – Scarcity||00:02:00|
|Pricing Variable 6 – Quality||00:03:00|
|Pricing Variable 7 – Margin||00:02:00|
|Pricing Variable 8 – Customer Perception of Value||00:02:00|
|Calculate Your Score|
|Scoring Your Pricing Influencers||00:04:00|
|Overview of Pricing Models||00:01:00|
|Cost-Based Pricing Pros and Cons||00:03:00|
|Market-Based Pricing Pros and Cons||00:04:00|
|Value-Based Pricing Pros and Cons||00:05:00|
|Choosing a Pricing Model||00:02:00|
|Common Mistakes in Pricing||00:02:00|
|Setting Your Price: Case Study||00:03:00|
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