Price Analytics

Don’t you know that price is the first thing majority of customers look at? Marketing consulting firms estimate that improving pricing by 1 percent can result in as much as 10 percent increased profits. Price Analytics is a skill of high demand among marketing manager who work on the marketing strategy. And not only them! Entrepreneurs, business executives, and senior decision makers often feel shaky when it comes to pricing assessment.

Pricing is one of the major elements of marketing. Price analytics is one of the key elements of it. 

The technology of pricing is an art. Rounding off the numbers may be good for small endeavors but never for an organization. The art of setting prices for products or services has been an ever-challenging task for organizations. Paying attention to the changing economic system, strong competitors in the marketplace, and client budget, the secret to success of pricing goods has been based mainly on a psychological assessment of the client and solid price analytics. 

Few institutions offer education in price analytics, and none offer online courses on it. The Scandinavian Institute of Business Analytics has taken a step forward and has developed unique courses in business analytics for online education. 

In the course, Price Analyticsby SCANBA, you will follow Lars and his company, Lars Coffee Mugs. 

Together with Lars, you will study different pricing techniques, pricing assessment methods, concepts of profitable pricing, and learn about price discrimination. 

  You will learn: 

• 11 pricing techniques

• 3 pricing assessment methods, including break-even analysis and net present value capital budgeting model

• 5 Excel spreadsheet examples

• Concepts of elastic demand, optimal pricing, and price discrimination.

Why wait? Take the course now; it is worth it. 

Rating Distribution

• 1 stars: 14 votes
• 2 stars: 17 votes
• 3 stars: 38 votes
• 4 stars: 52 votes
• 5 stars: 47 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!