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Price management – pricing strategy and policy

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Training process

Training needs analysis

If you have specific requirements regarding the training programme, we will carry out a training needs analysis for you. This will guide us on which aspects of the programme should receive greater emphasis, so that the training programme meets your specific needs.

What will you gain?

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Price in business - You will understand how price affects sales, margin, and offer positioning, so you can link pricing decisions more clearly with business goals and marketing activities.

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Pricing policy design - You will learn how to set pricing policy objectives and move through each stage of building them, so you can structure pricing decisions in a consistent way.

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Pricing factor analysis - You will learn how to assess the impact of strategy, costs, customers, and competitors on price levels, helping you make decisions based on real market conditions.

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Competitive response - You will see when to follow competitor prices, when to adapt to them, and when to use low-price tactics deliberately, so you can protect margin and market position.

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Customer-based pricing - You will learn to set prices around perceived customer value and use penetration and bundle pricing, so your offer better matches buyer expectations and demand.

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Managing price changes - You will master how to modify prices, plan discounts, reductions, and promotions, and respond to competitor moves without making rushed or costly decisions.

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Price psychology - You will see how customers interpret price levels and how specific digits shape offer perception, helping you create price lists that support stronger buying decisions.

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Coherent pricing strategy - After the training, you will be able to combine strategy, policy, and price administration into one coherent system that supports sales, positioning, and long-term growth.

Training programme

What are the prerequisites for participating in the training?

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Marketing basics - You should understand basic marketing concepts such as customer, offer, competition, and value, so you can work comfortably with price as part of the marketing mix.

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Sales awareness - You should know the basics of sales and how commercial offers work, so it is easier for you to analyze the impact of prices, discounts, promotions, and competitors.

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Cost awareness - You should be able to distinguish basic cost categories and understand how they affect an offer, so you can assess the profitability of pricing decisions more accurately.

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Market analysis mindset - You should be ready to analyze customer and competitor behavior and draw practical conclusions, because the training relies on working with market-based situations.