Finance - Pricing: Pricing a Product

Content
2 modules
Rating
Course Length
10 mins
Instructor
Pantry of Knowledge

Description

Pricing a product involves a certain amount of trial and error because there are so many factors to consider. Pricing is the second of the seven Ps in the marketing mix. If you price too high, a lot of people simply won’t buy your product. Or you might find yourself facing competition from some other supplier that thinks it can beat your price. On the other hand, if you price too low, you might not make enough of a profit to stay in business. So how do you decide on a price?

Objectives

  • Describe pricing strategies
  • Identify other pricing approaches
  • Describe pricing examples

Certificate

By completing/passing this course, you will attain the certificate POK Finance Certificate

Learning Credits

CEU
0.25

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Finance - Pricing: Pricing a Product
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Finance - Pricing: Pricing a Product Survey
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Added over 1 year ago, by Sophia

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