Executive Development Programme Pricing & Negotiation
-- viewing nowThe Executive Development Programme in Pricing & Negotiation is a certificate course designed to empower professionals with critical skills for career advancement. This programme focuses on two key areas—pricing and negotiation—that are essential in any business environment.
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Course Details
• Pricing Strategies: Understanding cost-plus, value-based, competitive, and dynamic pricing models. Analyzing market trends and customer perceptions to optimize pricing decisions.
• Price Sensitivity Analysis: Identifying price points that maximize profitability and customer value. Utilizing conjoint analysis, van Westendorp’s price sensitivity meter, and Gabor-Granger methods.
• Negotiation Fundamentals: Establishing negotiation objectives, identifying negotiation styles, and understanding the impact of cultural differences on negotiation outcomes.
• Preparing for Successful Negotiations: Conducting comprehensive research on the counterparty, setting negotiation boundaries, and developing a negotiation strategy.
• Advanced Negotiation Techniques: Utilizing the zone of possible agreement (ZOPA), BATNA (Best Alternative To a Negotiated Agreement), and WATNA (Worst Alternative To a Negotiated Agreement) to strengthen negotiation positions.
• Value Proposition Design: Crafting compelling value propositions that address customer needs, differentiate from competitors, and justify pricing.
• Pricing Psychology: Leveraging cognitive biases, such as anchoring, framing, and scarcity, to influence customer perceptions and drive pricing decisions.
• Deal Structuring and Pricing Models: Designing flexible pricing models, such as tiered pricing, subscription pricing, and performance-based pricing, to align with customer needs and maximize revenue.
• Managing Disputes and Escalations: Developing strategies to handle pricing disputes and escalations, ensuring customer satisfaction, and maintaining long-term relationships.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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