Strategic Pricing

Strategic Pricing and Customer Value

A Fully Optimized Pricing Architecture is the Cheapest Way to Boost Profits

Strategic Pricing is an executive program that considers pricing from a strategic management perspective. The program introduces alternative strategies that provide insights for improving pricing decisions that directly impact a company’s financial performance.

Participants leave the program with a comprehensive understanding of the key parameters and crucial factors for setting value-based pricing, and with a set of implementable tools and frameworks that can be used to improve the company’s pricing strategy.

Program Benefits

The Strategic Pricing program helps participants to gain a strategic and holistic view of pricing and how to create value through various pricing strategies and improve the quality of your company’s pricing processes. Participants will learn the drivers and impact of pricing power and psychological pricing, and identify the best arguments to defend the value of a product or service with confidence.

• Improve competitive position
• Identify opportunities to maximize the value
• Gain new ideas to introduce new products and services
• Improve revenue initiative through accelerated learning experiences
• Design smart sales promotion campaigns that boost sales
• Integrate monetization policies within the marketing mix

By attending the program, you will also

• Address the constraints that shape a comprehensive monetization strategy
• Distinguish the different roles that price can play in a market
• Design a revenue model that complements the broader organizational objectives
• Determine the proper role of costs, competitors and customers in setting the “right” price, while avoiding passive pricing mistakes
• Respond sensibly to competition and the forces of commoditization
• Identify opportunities for price customization that are palatable to customers
• Understand how to track, quantify and communicate value

Contents and Schedule

The program combines the latest theoretical research in the area of pricing with real cases, where practical knowledge can be drawn from the successes and failures experienced by other companies.

During the three days, participants will acquire knowledge from a variety of examples from both business and consumer markets in a comprehensive manner using both practical workshops and traditional teaching methods.