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A Scientific Approach to Setting Your Prices

سرفصل های دوره

Setting the right price can make or break a business, and this course equips you with scientific methods to find your optimal pricing point. Learn how to boost profits by experimenting with small pricing changes, analyzing customer behavior, and understanding common pricing psychology. Discover how to avoid loss-making products, overcome fears about pricing too high, and strategically navigate price negotiations. From beginner tactics to advanced techniques like dynamic pricing and decoy pricing, each module is packed with actionable insights. Check out this course if you’re looking to master the art and science of pricing, and gain the confidence to set prices that attract loyal customers, maximize margins, and sustain long-term business growth.

This course was created by Chris Croft and CRFT Productions. We are pleased to host this training in our library.


01 - Introduction
  • 01 - A scientific approach to setting your prices

  • 02 - 1. Why Price Is So Important
  • 01 - Increasing your price
  • 02 - Maximizing impact with small changes to pricing
  • 03 - Identifying and eliminating loss-making products
  • 04 - Addressing concerns about losing business over price

  • 03 - 2. Why You Probably Need to Put Prices Up
  • 01 - Customers avoid the cheapest option
  • 02 - Understanding why repeat business isnt about price
  • 03 - Selling commodities for the right price
  • 04 - Revealing lower margins than you thought
  • 05 - Checking for pricing errors

  • 04 - 3. Fear of Losing Business
  • 01 - The biggest reason we dont raise our prices
  • 02 - Deliberately losing customers on price
  • 03 - Mastering price negotiation
  • 04 - Real-life pricing example Burgers
  • 05 - Real-life pricing example Personal trainer

  • 05 - 4. Setting the Perfect Price
  • 01 - Finding the 50% pricing point with no risk
  • 02 - Exploring beyond the 50% pricing point
  • 03 - Losing business for reasons other than price
  • 04 - Assessing how busy you are
  • 05 - Pricing strategies when demand is high
  • 06 - Pricing strategies when starting out

  • 06 - 5. How to Get the Increase
  • 01 - Effective language for pricing
  • 02 - Implementing annual price increases
  • 03 - Handling high price objections
  • 04 - Pricing negotiation techniques
  • 05 - Structuring sales incentives around pricing

  • 07 - 6. Other Pricing Tactics Good and Bad
  • 01 - Understanding cost-based pricing
  • 02 - Applying marginal cost pricing
  • 03 - Competitor-based pricing strategies
  • 04 - Dynamic and demand-based pricing
  • 05 - Leveraging psychological pricing
  • 06 - Using decoy pricing and loss leaders
  • 07 - Calculating price per use
  • 08 - Adding value to customers with extras
  • 09 - Quality implied by price
  • 10 - Developing customer-based pricing

  • 08 - Conclusion
  • 01 - Keeping your price where it should be
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    تاریخ انتشار: ۱۳ دی ۱۴۰۴
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