Costing and Pricing Principles
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“The moment you make a mistake in pricing, you're eating into your reputation or your profits.” - Katharine Paine
Pricing products and services is critical for all businesses, particularly for new ventures and small businesses that may not have the resources to sustain the consequences of a mistake. Whilst not the most exciting part of the marketing mix, it is uniquely crucial and can make or break a business. Of concern is that the attention given to costing and pricing is often way less than is necessary.
WHO SHOULD ATTEND
- Entrepreneurs
- Business owners and managers
- Sales and marketing staff
- Buyers
HOW YOU WILL BENEFIT
- Understand the flow of the trading cycle and the concepts of costing and pricing
- Learn how to identify and use factors that impact pricing decisions
- Understand the relationship between
- Cost
- Pricing
- Revenue
- Profit
and how crucial they all are to the financial viability of any business
You can view all our courses HERE
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