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Description

If you are looking for a real-world, step-by-step approach to designing and implementing a pricing strategy then this course is for you!
Whether you are in B2B or B2C, this course defines the most popular and profitable pricing strategies used by businesses today, and walks you through how to determine which pricing strategy is best for your business or product line.
You will learn how to execute on your strategy and what to avoid to ensure your pricing is consumable by customers, billable by finance, and measurable by you.
This course
takes the mystery out of building a pricing strategy
and focuses on implementation and execution. If you have struggled with where to begin thinking about pricing, or worried that your pricing might be too high or too low but not sure how to take action, this course will teach you how to spot and address those questions by breaking it down into a digestible, actionable, step-by-step approach so that you can make good pricing decisions today.
You will
learn how to deliver a comprehensive pricing program
based on the same process that I’ve developed and refined over time from my own Pricing Strategy work. Through my 15 years of launching and revising global pricing projects, I can provide you with all the critical steps you need to respond to current market conditions.
In this course, you will:
Explore the most commonly used pricing strategies & pricing models
Choose the right pricing approach for your product or service
Apply a simple five point pricing plan to your business or pricing project
Master the 3 Ps of a profitable pricing strategy
Discover tips for optimal pricing implementation and measurement
Avoid the pitfalls of bad pricing practices
Included in this course are several resources that you can download and follow to
build a logical, defendable pricing strategy for an immediate business need
, whether you are launching a brand new product or revising existing pricing.
This course is not for anyone looking for deep mathematical pricing analysis, or extensive pricing theory. Instead, this course helps you
solve an immediate business challenge
with practical advice taken from years of applied learning in B2B and B2C markets.
If you’re ready to start building a winning pricing strategy, join me in this course!
Who this course is for:
Business professionals in any industry who need the basics of pricing strategy and an easy-to-use framework for getting started
This course is NOT for advanced data analytics practitioners or pricing strategists with more than 2 years of pricing experience

What you'll learn

Learn and identify the most commonly used pricing strategies & pricing models

Choose the right pricing approach for your product or service

Apply a simple five point pricing plan to your business or pricing project

Master the 3 Ps of a profitable pricing strategy

Discover tips for optimal pricing implementation and measurement

Avoid the pitfalls of bad pricing practices

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction
3
1.1-Getting Started with Pricing Strategy
1.2-Pricing Insight is All Around You
1.3-Activity: Identify Your Pricing Pain Points
2-Common Pricing Strategies & Models
5
2.1-Pricing Strategy vs. Pricing Model
2.2-Six Most Common Pricing Strategies
2.3-Pricing Strategy Case Studies
2.4-Identify the Pricing Strategy
2.5-The Most Common Pricing Models
3-Choosing The Right Pricing Approach
2
3.1-Key Factors to Determining the Right Pricing Approach
3.2-Activity: Determine Your Pricing Approach
4-Five Point Plan for Pricing Success
7
4.1-Introduction to the Five Point Plan for Success
4.2-Step 1: Analyze Your Current Situation
4.3-Step 2: Determine Your Pricing Approach
4.4-Step 3: Build Your Pricing Using the Three Building Blocks
4.5-Step 4: Implement Pricing for Revenue Generation
4.6-Step 5: Measure & Modify Pricing for Success
4.7-Activity: Bringing it All Together
5-Building Blocks of a Profitable Pricing Model (The Three Ps)
5
5.1-Packaging
5.2-Activity: Review Your Packaging
5.3-The Price Metric: Where Art Meets Science
5.4-Price Metric Match
5.5-Determine the Price-per-Unit
6-Gaining Instant Pricing Credibility with Your Peers
2
6.1-Implementation Earns Credibility
6.2-Avoiding the Pitfalls of Bad Pricing
7-Conclusion
1
7.1-Wrap-Up & Additional Resources