Costing and Pricing Principles- Accredited

Unit Standard: 
263455
NQF Level: 
NQF 4
Credits: 
6
Course Category: 
Finance

Accredited
Duration: 2 Days
Time: 8:30am-4:00pm

“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 who 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 o Cost o Pricing o Revenue o Profit and how crucial they all are to the financial viability of any business

 

Contact Details

Contact Person: 

Nikki Pears
Course Details

Unit Standard: 

263455

NQF Level: 

Level 4

Credits: 

6

Course Delivery Method: 

In House In-House

On Demand On Demand

Course Duration: 

2 Days

Cost: 

R 5,000 excl VAT per delegate with a reduced rate for 3 or more from the same organisation

Course fee Includes: 

Public Courses - Refreshments including a light lunch