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Setting and Selling Price

Dealing with Pricing to Create Customer Acceptance & Profit

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Language:  English
This text shows how price, quality and image go together, reviews mechanisms for setting the right price and using and selling price to ensure profitability.
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This text shows how price, quality and image go together, reviews mechanisms for setting the right price and using and selling price to ensure profitability. Throughout it stresses how customers’ perception of price must play a part in every aspect of how price works in marketing and sales.

About the Author

Patrick Forsyth is a consultant, trainer and writer. He has worked with organisations large and small and in many different parts of the world. He is the author of many successful books on management, business and careers and prides himself on having a clear how-to style. One reviewer (“Professional Marketing”) commented: Patrick has a lucid and elegant style of writing which allows him to present information in a way that is organised, focused and easy to apply. In this series he is also the author of several titles including “Your boss: sorted!” and “How to get a pay rise”. His writing extends beyond business. He has had humorous books published (e.g., Empty when half full), also light-hearted travel writing: First class at last! (about a journey through Southeast Asia), and Smile because it happened (about Thailand). His fifth novel, Where there’s a will, was published recently.

  • About the author
  1. Introduction: price and more
  2. The methodology for setting price
    1. Price setting
    2. Pricing strategies
    3. Price considerations and models
  3. Day to day tactics
    1. Six steps to pricesetting
    2. Psychological impacts
    3. Creating image through price
    4. Product extensions
    5. Product pluses
    6. Service add-ons
  4. Selling the price
    1. Offer more
    2. Dealing with (price) objections
    3. Handling price
  5. Afterword: the route to profitability

Understand the importance of price in the marketing mix Discover ways to handle customer objections about price Develop skills to negotiate and discuss prices with customers Learn the relationship between price, quality, and customer perception

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Patrick

Patrick Forsyth