Executive Education

Kellogg School of Management

Marketing & Sales  >  Pricing Strategies and Tactics

Pricing Strategies and Tactics

Related Programs
  Finance for Executives
  Consumer Marketing Strategy
  Business Marketing Strategy
 

Upcoming Sessions
  September 28 - October 1, 2008
$ 5,500
 
Key Benefits
During this course, you will:
Integrate pricing into an overall marketing strategy
Determine the proper role of costs in pricing
Estimate the price sensitivity in a market
Set prices in a highly competitive environment
Understand the interaction between pricing and distribution
Assess the value of a product to a customer
Understand the legal environment of pricing
Learn when to use alternative pricing tactics
 
"I would recommend this program to all managers and executives. Anyone dealing with pricing and value will benefit from this program!"

Sales Manager, James Hardie Building Products
Academic Director Lakshman Krishnamurthi
© Nathan Mandell
Academic Director Lakshman Krishnamurthi
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Gain solid, practical tools for creating a pricing strategy for your products and services. In this program, senior faculty in the Kellogg School of Management’s Marketing Department lead you through the entire pricing process and explore the elements of a pricing strategy, types of costs, segment pricing techniques, value pricing, competitive games, and legal aspects of pricing.

You will become adept at determining the value of your product to your customers, the price sensitivity of the market, the costs that should be covered, and the likely response.

This program helps dispel the myths and ambiguities of setting prices and provides invaluable theories, tools, and strategies to help you successfully navigate the complicated world of pricing.

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Program Content

Setting a Pricing Strategy

Issues in Pricing and Distribution

The Role of Costs in Pricing

Strategies and Tactics of Segmented Pricing

Strategies and Tactics of Value Pricing

Pricing in a Competitive Market

Estimating Price Sensitivity

Legal Aspects of Pricing


Format
Discussion, case analysis, and group exercises facilitate participation in the seminar. In the evenings, participants work in study groups to prepare exercises and projects for class discussion.

Who Should Attend
Find out who should attend Pricing Strategies and Tactics, and what past participants have said about the course.

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