Pricing for Finance Professionals
Think about how much you paid for your mobile phone. Has the price changed over time? How did the phone company decide on the price now and then? Whatever your answers, these prices were not just plucked out of thin air! Pricing a product initially and then changing the price (possibly many times!) is a long and complicated process. There are many factors that influence the price that is set for the product buyer at any one time.
Yet, being able to set prices effectively is essential for a business to remain competitive and profitable; according to research by Prisync, 60% of all online shoppers consider price to be the most important factor when deciding on which product to buy! But, these all-important pricing decisions need to be driven by knowledgeable finance professionals.
This course will provide you with the skills to do just this – take all of the relevant factors into consideration and determine the right price at the right time. Behind every pricing decision, there is an expert equipped with the information included in this course!
Provides 8 hours of CPD
- How to identify the relevant costs that need to be factored into a pricing decision to make sure your organisation covers all its costs!
- Methods for pricing products to maximise revenue and profit
- About product price elasticity and how to use this information to set the right price at the right time, given the market conditions
- What the product life cycle is, along with the most relevant strategies to use at each stage for current and future products to maximise sales!
- 15 different pricing strategies to use in a variety of different situations so you can pick the approach that best suits your company and its products/services!
To help consolidate your knowledge, the course will be accompanied by test questions to ensure you’ve understood the content as well as a workbook with probing questions on topics covered in the course, challenging your understanding and enabling you to practically apply your new knowledge to your workplace!
By returning your completed workbook, you can earn a certificate of completion for your completed CPD hours.
What’s included in the course?
- Thoroughly explores the concepts, theories and models for this topic
- The content is professionally explained by our expert tutors alongside a visual presentation
- Come with downloadable audio files so you can listen to the content offline and on the go
- Full coverage of the video content using engaging and easy-to-follow language
- A range of examples to show you how these concepts might apply to real-life situations, e.g. in finance
- A practical exercise for each module based on the subject’s application in a finance team
- A series of exercises purpose-written for the course
- Designed to get you to apply what you’ve learned to yourself and to your own organisation
- Can be used as a basis to make suggestions or improvements in your team or organisation
- A series of questions designed to test your understanding of what you’ve learnt on the course
- Designed to get you to apply what you’ve learned to scenarios and commit the theory to memory
- The visual presentation from the video can be accessed for note-taking and for browsing alongside the video or audio download
- Can be viewed as still slides or in an interactive format to move around the screen
Purchasing the course
To purchase this course, simply add the course to your basket with the button below and then either proceed to checkout or continue browsing for more CPD courses…
Astranti CPD Course:
Pricing for Finance Professionals
What our satisfied customers say…
Excellent materials and lots of support when needed.
I used Astranti materials and I can honestly say they are an excellent course provider. The materials are expertly delivered, easy to follow and very motivating. Highly recommended.
Astranti is an excellent centre for anyone wishing to pursue their professional education and learning. I find its courses highly relevant and practical, the content well-organised and its administrative service efficient. Engaging in an Astranti course is truly a rewarding experience and a worthwhile investment.