Strategy for Profitable Pricing
Bundling, discounting, seasonality, average profits for typical industries and proven pricing strategies are all covered in this free entrepreneurship course.
This business course teaches you the nitty-gritty of building a strategic profitable pricing model, creating value for your product and maximizing your margin as an entrepreneur. Pricing determines whether your business succeeds or fails; you will learn the strategy for setting the right prices for the products and services you offer. Enroll today to see the price variables that can influence your pricing strategy.
What You Will Learn In This Free Course
Basics of Pricing Strategy and Pricing Models
In this module, you are going to learn about pricing strategy, types of pricing strategy, models of pricing strategy, and how to determine which model to adopt for your business. You will also learn how to avoid common pricing mistakes that can ruin your business, by setting a justified pricing strategy that will guarantee success in your business.
Pricing Influencers and Pricing Variables
In this module, you are going to explore the eight pricing influencers: competition, demand, uniqueness, scarcity, quality, margin, being first, and the customer value-perception. You will learn the tactics that you can apply to your business in setting the most appropriate price for your product or service.
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