- NY Credits : 1.0
- TX Credits : 1.0
If you're like most people, one of the first things you notice about a product is its price. While you may base your final purchasing decision on the overall benefits offered by the product, you'd likely compare the price with your perceived value of the product. If the price is too high, the company may lose your business. If the price is too low, the company can experience significant negative consequences. Setting the wrong price can bring about the downfall of a company. Finding that balance between meeting customer expectations and supporting a healthy profit margin for the business is the focus of this course.
This overview level course provides a general review of this topic from a broad perspective. This course is appropriate for the professional at any organizational level.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify various price strategies for setting the right price for products.