Product Cost Management and Pricing Strategy
What you'll learn
- Business Model and Income Statement
- Estimation Methods: Top-Down, Bottom-Up
- Capital Assets, Depreciation Methods, Deferred Taxes
- WACC - Cost of Capital and Interest Calculation
- NPV and IRR using Cash Flows
- Market Structures and Value Chains
- Micro-economic Pricing Fundamentals
- Pricing Models and Pricing Strategies
- Pricing Strategy wrt Business Strategies
- Discount Tactics and Game Theory
- Two Part Pricing and Tiered Pricing
- Value Pricing and Value Cascade
Requirements
- Elementary English
- Cleared School
Description
Price is what Customer Pays, while Cost is what Company Incurs > Difference is the Shareholder Value!
Pricing Model is part of Marketing Strategy, but Pricing Strategy is a concern of Business Strategy
Cost Estimate is developed of Product Managers, but Cost Management is owned by Finance Managers
We have assimilated all topics from different domains, curating this course to help you develop a comprehensive understanding of Pricing and Costing - two sides of a coin!
Specially curated for:
Product Managers and Owners, Analysts, Consultants, Entrepreneurs, Marketing and Business Managers
Price greater than Cost – drives Profitability
However, price must be acceptable to customer and cost estimates must be accurate
An understanding of these concepts, strategies, and models will help you to master this balancing act!
And the hands on exercises along with downloadable tools will help you learn and implement your learning
Also, some food for thought - BONUS content;
Why you end up spending more than you had planned?
Why do VCs finance the discounting spree of Start-ups?
Why do seemingly stable and high revenue businesses go bust?
Why are some businesses more successful than the others?
This comprehensive and power packed course will empower you to answer all these questions all by yourself.
Feature Image Photo by Will Esayenko on Unsplash
Who this course is for:
- Category and Product Managers
- Product and Business Analysts
- Entrepreneurs and Business Owners
- Freelancers and Professionals
- Consultants and Associates
- Account and Regional Managers
Instructor
Entrepreneur, Professor, and Author
Bootstrapped Consulting firm, now Bootstrapping a Business
Qualifications and Certifications
MBA from Indian Institute of Management - Bangalore (IIMB)
B Tech (Hons) - Civil Construction from CEPT University
CFA Level 1 - Cleared
Lean Six Sigma Green Belt, KPMG
PMP®, PMI - Project Management Professional
VIL-VCU, SSVV - Safety for Intermediaries and Supervisors
Mr. Munshi has worked across industries including plastics, construction, chemicals, engineering, apparel, fitness, and real-estate. He specializes in entrepreneurship, management, and finance; and has worked with agile start-ups as well as conventional enterprises.
His academic involvement, research engagement, and consulting experience has developed him a unique skill-set and multi faceted perspective necessary for solving complex management challenges.
His consulting engagements have enabled funding and decisions for multi-million dollar business projects, and organizational transformations through business process re-design. His papers have been published by national magazines and presented at international conferences.