Pricing for Profit - Thursday 25th April 2024

Venue:
Online Delivery via Zoom
 
Date:
25/04/2024
 
Time:
09.30 - 12.30
 
Category:
Workshop
 

To remain successful in any business, customers must be attracted and retained – part of this is achieved through pricing your product/service correctly to meet customers’ expectations. However, a business has to also make a profit and it essential to incorporate pricing for profit as part of a business strategy. This course will enable participants to “strike the balance” by correctly costing and pricing to both meet the expectations of consumers and to the advantage the business.

This event is no longer available
 

April 25th

Programme Overview 

To remain successful in any business, customers must be attracted and retained – part of this is achieved through pricing your product/service correctly to meet customers’ expectations. However, a business has to also make a profit and it essential to incorporate pricing for profit as part of a business strategy. This course will enable participants to “strike the balance” by correctly costing and pricing to both meet the expectations of consumers and to the advantage the business. 

 Programme Objectives 

  • Understanding the difference between variable costs and fixed costs 
  • Break even analysis 
  • Pricing your Product or Service 
  • Understand real costs & cost control 
  • Have assessed current pricing strategy 
  • Have gained advise on various cost cutting techniques 
  • Learn how to gain a leading edge over competitors 
  • Consider the expectations of customer and learn how to meet these 
  • Have carried out a breakeven analysis 

This programme will provide training in the following areas:    

  • Calculation of costs  
  • Apportioning overheads to individual jobs / products  
  • Time management and costing – including job timesheets
  • Costing techniques  
  • Pricing for profit  
  • Pricing and the market  
  • Introduction to break even analysis

Delivery Method


This online workshop will be delivered via Zoom. Click the link below to see how to use Zoom.

Click here in order to find out how to use Zoom