Pricing - Entrepreneurs Guide to Setting Prices
2.5 (1 rating)
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Pricing - Entrepreneurs Guide to Setting Prices

Setting the correct price for products and services to maximise profits . Suitable for - ebay, amazon and ecommerce
2.5 (1 rating)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
10 students enrolled
Last updated 1/2017
English
Current price: $10 Original price: $95 Discount: 89% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • 1 Article
  • Full lifetime access
  • Access on mobile and TV
  • Assignments
  • Certificate of Completion
What Will I Learn?
  • Price products effectively in order to maximise both sales and profit.
  • Understand the key Product Value Factors
  • Understand the Time Based Factors in order to increase profits furthermore.
  • Understand and in some circumstances control the Devaluation Factors
View Curriculum
Requirements
  • Basic buisness knowledge will help you succeed in this course.
Description

Did you know that the price of a product or service is one of the key elements that a consumer looks at when making a purchasing decision?

Did you also know it is one of the key areas that many new entrepreneurs do not understand? Many even confess to simply pluck the number out of thin air (Make it up) This is a terrible business strategy! It will either decrease sales or leave money on the table.

Sure you could spend around a thousand dollars to get a consultant to help you price your product (By far the best way). Although, Likely unrealistic for a small business with tight if any profit margins. This course is the compromise that you have been looking for and will help you understand your product and your market better to make price setting easy and attainable for even the most novice entrepreneur.   

Who is the target audience?
  • Entrepreneurs
  • Small Buisness Owners
  • Managers of Small Businesses
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Curriculum For This Course
16 Lectures
01:27:07
+
Welcome to the course - Let's find out what we will learn and how!
2 Lectures 10:50
+
Stage 1 - Product Value Factors
6 Lectures 34:30
Value to consumer
04:22

Brand
05:39

Scarcity
05:51

Consumer Thought Process at Purchase
06:10

Knowing Your Consumer
05:23

Product Timeline
07:05
+
Stage 2 - Time Value Factors
2 Lectures 13:59
Location
06:42

Scarcity
07:17
+
Stage 3 - Devaluation Factors
2 Lectures 10:53
Marginal Utility
06:37

Excess Competition
04:16
+
Case Studies - Let's price some products together
1 Lecture 00:18
Case Study - Have your say!
00:18
+
Pro Pricing Tips
3 Lectures 16:36
Tiered Pricing
07:12

Sales and Discounts
05:52

Selling Under Value
03:32

Use the skills learned in this course to get price your own product and get feedback from the course instructor
Price your own produced and get feedback!
6 questions
About the Instructor
Entrepreneur School
4.5 Average rating
211 Reviews
8,227 Students
9 Courses
Online Training For Entrepreneurs

Thank you for visiting our Udemy biography page; it is a pleasure to have you here! We are also glad that you feel that one of our courses may be useful you.

Our mission is to teach the next generation of entrepreneurs around the world and help the current generation get the most from their entrepreneurship experience. We understand the daunting decisions and challenges that are ahead of you as we have all experienced what we teach! 

Our team is dedicated to your learning, so we teach you in a number of engaging ways including video presentation, online chat rooms so you can talk with fellow students and engagement sessions that gives you a live conversation with our instructor.

Sam, our founder and CEO is a dedicated consultant who loves to make big problems easy to navigate for entrepreneurs and homepreneur (Someone who runs microbusiness usually from home). Over the years he has learnt how to package big ideas into bite size pieces and deliver them in a way that is manageable and easy to follow. He is always scanning for the next big thing and like all entrepreneurs likes to stay one step ahead of the pack so that he can be first to market with a new idea.