The Basics of Pricing Strategy for Business (OnDemand Webinar)

$199.00

SKU: 408086EAU

Description

Learn how to create a pricing strategy that will help grow higher profits, a sustainable business and long term competitive gains.Today with the pandemic, there are a myriad of issues plaguing business including but not limited to financial, employee productivity and information technology issues. One of those issues is learning how price can either make you competitive or a loss leader. Pricing right creates higher profit and coincidentally helps with differentiation and brand. By creating pricing strategies you will learn how to grow higher profits, a sustainable business and long term competitive gains. This topic will instantly provide tips, techniques and myths to assist you become a better sales negotiator and bring in more revenue to you and to the company.

Date: 2021-01-13 Start Time: End Time:

Learning Objectives

Learn the Necessary Strategies for Creating Price

Understand How the Power of Your Market Plays Right Into Pricing

Compare and Contrast Nine Different Pricing Algorithms

Learn Why a Simple Formula for Breakeven Helps You to Operate a Sustainable Business

Assess the Power of Cost of Goods and How to Create a Great Profit

Discover Why Pricing Is Psychological and How to Use It to Your Advantage

Measure the Effectiveness of Key Performance Indicators on Price

Create Best Practices for Long Term Success

Drew Stevens, Ph.D.-Stevens Performance Group