CourseBusiness
Market and Competition in Pricing Strategy
By External Provider
About this course
If you haven’t considered what the competition is charging, you may not be maximizing your revenue. Spend time analyzing the market and you can influence price and improve margins. In this course, we'll show you how to implement competitive pricing and avoid common legal pitfalls of market-based pricing. You will also learn how to predict, influence and respond to competitors’ pricing moves. Developed at the Darden School of Business at the University of Virginia, and led by top-ranked Darden faculty and Boston Consulting Group global pricing experts, this course provides an in-depth understanding of market-based pricing and how to use it to capture more revenue.
What you will learn
- Market and competition applications in product pricing
- How to utilize game theory to influence market pricing
- How to leverage competitor pricing models and knowledge of the product lifecycle to price products
- Strategies for price discrimination in competitive markets