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Pricing Strategies and Advanced Pricing Models

Pricing Strategies and Advanced Pricing Models

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  • Completion Certificate
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Highlights

  • On-Demand course

  • All levels

Description

Recognised Accreditation

This course is accredited by continuing professional development (CPD). CPD UK is globally recognised by employers, professional organisations, and academic institutions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement.

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

What is CPD?

Employers, professional organisations, and academic institutions all recognise CPD, therefore a credential from CPD Certification Service adds value to your professional goals and achievements.

Benefits of CPD

  • Improve your employment prospects

  • Boost your job satisfaction

  • Promotes career advancement

  • Enhances your CV

  • Provides you with a competitive edge in the job market

  • Demonstrate your dedication

  • Showcases your professional capabilities

What is IPHM?

The IPHM is an Accreditation Board that provides Training Providers with international and global accreditation. The Practitioners of Holistic Medicine (IPHM) accreditation is a guarantee of quality and skill.

Benefits of IPHM

  • It will help you establish a positive reputation in your chosen field

  • You can join a network and community of successful therapists that are dedicated to providing excellent care to their client

  • You can flaunt this accreditation in your CV

  • It is a worldwide recognised accreditation

What is Quality Licence Scheme?

This course is endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

Benefits of Quality License Scheme

  • Certificate is valuable

  • Provides a competitive edge in your career

  • It will make your CV stand out

Course Curriculum

Introduction

Welcome to the course

00:02:00

Step 1: Pricing Policy and Pricing Objective

6 Steps of setting a Pricing policy

00:03:00

Different Pricing Objectives

00:07:00

Step 2: Estimating Demand

Estimating Demand

00:07:00

Forms of Demand Curve

00:02:00

Excel: Estimating Linear Demand Curve

00:08:00

Excel: Estimating Power Demand curve with Elasticity2

00:05:00

Excel: Estimating Power Demand Curve with points2

00:03:00

Subjective Demand curve

00:01:00

Excel: Estimating Subjective Demand Curve2

00:02:00

Excel: Maximizing Revenue using Excel Solver

00:08:00

Step 3: Estimating Costs

Estimating the cost function

00:05:00

Excel: Modeling Cost Function and Maximizing Profit

00:06:00

Including effect of complementary goods

00:01:00

Excel: Effect of complementary goods

00:05:00

Step 4: Analyzing competitors

Analyzing Competitors

00:02:00

Step 5a : Price Bundling Strategy

Price Bundling

00:07:00

Types of Bundling

00:08:00

The Bundling Problem

00:04:00

Excel: Solving Bundling problem Part 1

00:14:00

Excel: Solving Bundling problem Part 2

00:08:00

Excel: Solving Bundling problem (Price Reversal)

00:08:00

Step 5b: Non-Linear Pricing Strategies

Non-Linear Pricing Strategies

00:03:00

Willingness to Pay of customers

00:03:00

Willingness to Pay of customers

00:03:00

Example Problem Statement

00:01:00

Excel: Standard Quantity Discounts

00:21:00

Excel: Two-Tier Pricing

00:04:00

Step 5c: Price Skimming

Price Skimming Strategy

00:05:00

Excel: Price Skimming Strategy

00:10:00

Step 5d: Revenue Management

Revenue Management

00:03:00

Excel: Handling Uncertainity

00:07:00

Appendix: Using Lookup functions

00:08:00

Appendix 1: Excel Crash Course

Mathematical Formulas

00:19:00

Textual Formulas

00:17:00

Logical Formulas

00:11:00

Date-Time Formulas

00:07:00

Lookup Formulas ( V Lookup, Hlookup, Index-Match )

00:08:00

Data Tools

00:19:00

Formatting Data And Tables

00:18:00

Pivot Tables

00:08:00

Excel Charts: Categories Of Messages That Can Be Conveyed

00:04:00

Elements Of Charts

00:05:00

The Easy Way Of Creating Charts

00:03:00

Bar And Column Charts

00:12:00

Congratulations

00:01:00

Certificate of Achievement

Certificate of Achievement

00:00:00

Get Your Insurance Now

Get Your Insurance Now

00:00:00

Feedback

Feedback

00:00:00

About The Provider

Study Plex
Study Plex
Birmingham
Study Plex is a company focused on providing a range of learning and development opportunities, to entertain and educate our learner base through the use of modern learning technology.
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