Introduction
Pricing plays a major role in business performance, customer perception, and long-term growth. Growing companies need pricing approaches that support profitability while remaining attractive and competitive in the market. Pricing Strategies for Growing Companies is designed to provide participants with practical knowledge of how pricing decisions are made and how they affect sales, positioning, and business success. The course focuses on key pricing principles, customer value, cost considerations, market conditions, and practical pricing choices relevant to developing businesses.
Course Objectives
- Understand the role of pricing in business growth and profitability
- Build awareness of factors that influence pricing decisions
- Learn basic pricing methods and strategic approaches
- Strengthen understanding of value, cost, and competition in pricing
- Improve confidence in evaluating pricing options and impacts
- Apply pricing concepts in practical business situations
Target Audience
- Business professionals involved in pricing decisions
- Sales and marketing staff supporting commercial strategy
- Supervisors and managers in growing companies
- Entrepreneurs and small business owners managing offers
- Product and business development support staff
- Non-finance professionals needing practical pricing awareness
Course Outline
- 5 Sections
- 0 Lessons
- 5 Days
Expand all sectionsCollapse all sections
- Day 1: Introduction to Pricing and Business Value• Why pricing matters in business success
• The link between price, value, and customer perception
• Common pricing terms and concepts
• The role of pricing in market positioning
• Practical session: Reviewing pricing examples across businesses0 - Day 2: Cost, Value, and Market Considerations• Understanding cost-based pricing basics
• How customers perceive value and willingness to pay
• The influence of competitors and market conditions
• Balancing profitability with customer acceptance
• Workshop: Comparing cost, value, and competitor factors0 - Day 3: Basic Pricing Methods and Approaches• Overview of cost-plus, value-based, and competitive pricing
• Introduction to discounting and promotional pricing
• Pricing for new products and services
• Avoiding underpricing and overpricing
• Practical activity: Selecting a suitable pricing approach0 - Day 4: Pricing Decisions and Business Impact• How pricing affects sales volume and margins
• Pricing and brand perception
• Managing price changes and customer reactions
• Risks and challenges in pricing decisions
• Case study: Evaluating pricing choices in a growing company0 - Day 5: Applying Pricing Strategy in Practice• Connecting pricing decisions to business goals
• Supporting pricing reviews with simple analysis
• Communicating prices clearly and confidently
• Common pricing mistakes and how to avoid them
• Final exercise: Creating a basic pricing improvement plan0







