Description
This Specialized Math: 07. Determining Pricing course goes over best practices for pricing products to ensure your business makes a profit. Finding the right price is essential to running a successful business. In this course, we'll start by explaining the price-setting strategies most business use, including mark-up or cost-plus pricing, demand pricing and competitive pricing. We'll discuss the different variables to factor in and provide examples, calculations and formulas to enhance your understanding. We'll also talk about other non-mathematical factors to consider to help you find the best price for your products. Included in this course is a video presentation, downloadable resources for future reference and a short quiz to assess what you've learned.
Objectives
- Recognize and define the difference between mark-up, demand and competitive pricing
- Calculate your product pricing using proven formulas
- Utilize price-setting strategies to determine the best price for your products
Certificate
By completing/passing this course, you will attain the certificate POK Finance Certificate
Learning Credits
Badges
{{ badge.name }}
{{ vm.helper.t('lup.gamification.value') }}
{{ vm.helper.t('lup.gamification.achieved_for_selected_score_and_over')}}
{{ badge.name }}
{{ vm.helper.t('lup.gamification.value')}}
{{ vm.helper.t('lup.gamification.achieved') }}
Shopping Cart
Your cart is empty