EXECUTIVE EDUCATION

Marketing & Sales  >  Pricing Strategies and Tactics

Pricing Strategies and Tactics

Related Programs
  Finance for Executives
  Kellogg on Consumer Marketing Strategy
  Business Marketing Strategy
 

Upcoming Sessions
 

May 26-28, 2010
$ 5,900

 

October 27-29, 2010
$ 5,900

Product Week
Combines our Pricing Strategies and Tactics and Managing New Products and Services for Strategic Competitive Advantage programs into a six-day long executive series at a discounted total of $9500.

Apply to Product Week

 
Key Benefits
During this program, you will learn to:
Integrate pricing into an overall marketing strategy
Determine the proper role of costs in pricing
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
Determine 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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Program Content
 

Setting a Pricing Strategy

The pricing process

What is required to set a pricing strategy?

Examples of pricing strategies

 

Issues in Pricing and Distribution

Pricing through a distribution channel

Pricing to coordinate the channel

Dysfunctional channel pricing strategies

 

The Role of Costs in Pricing

Types of costs and general myths

How should costs affect pricing?

Differential impact of variable and fixed costs on pricing

 

Segmented Pricing

What is segmented pricing?

Types of segmented pricing including demographics, customer benefits, timing, quantity, location, bundling

How to implement segmented pricing

 

Value Pricing

What is value pricing?

How to set prices by focusing on value to the customer

Issues in implementing value pricing

 

Pricing in a Competitive Market

Price wars

Interaction between price and capacity

Price and differentiation

 

New Product Pricing

Factors to consider in setting price of new products

Relationship between price elasticity and price

How to set price of new products

 

Legal Aspects of Pricing

Common legal myths

Effective price discrimination

Lawful resale price setting

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