Learner Reviews & Feedback for Cost and Economics in Pricing Strategy Course

How much should you charge for your products and services? Traditionally, businesses have answered this question based on the cost to produce or provide their goods and services. This course shows you the economic factors behind pricing based on cost and the pros and cons of a cost-based pricing approach. Led by Darden faculty and Boston Consulting Group global pricing experts, the course provides the practical and research-based models and methods you need to set prices that maximize your profits. By the end of this course, you’ll be able to: --Apply knowledge of basic economics to make better pricing decisions --Recognize opportunities for price discrimination—selling the same product at different prices to different buyers—and recommend strategies to maximize sales and profits --Calculate three types of price elasticities to determine the impact of price on demand --Analyze and apply different pricing models -Cost-plus pricing -Marginal cost-plus pricing -Peak-load pricing -Index-based pricing --Evaluate the impact of channel intermediaries and customer lifetime value on pricing...

Concepts in this course are challenging but the class is setup for students to succeed. I really enjoyed this course and would recommend it to anyone looking to learn more about pricing strategy.

Even if you are familiar with the basics of microeconomics, and cost structures, this course combines it all together to provide a new perspective of using these models and concepts in pricing.

Very useful and clear but only good to obtain interesting learning material - NOT for certification

Peer reviews not working. If peers do not review your assignment , you cannot validate the course. I completed the assignment very early and I had no means to make peers review it.

ATTENTION: you can pay for the course and not be able to validate it only because peers do not review you assignment; and you have no control on that. Moreover, NO moderation on peer reviews resulting in low grading quality.

Introductory level, but a fun course !! Not very hands-on but still will add to your knowledge.

Best Wishes.

Really useful course that I can recommend to every business manager

Excellent professors

Amazing course, it takes us through details and specifics in the matter of pricing! I highly recommend!

Great course. Has good coverage of important concepts and is delivered very well. Really useful course for those with interest in strategic pricing.

Excellent!!!!

Great overview of main concepts, simple and immediately applicable explanation of elasticity and regression!

I loved the course, it is both a theoretical and applied sound program.

It was really helpful in increasing the understanding of different pricing strategy. It was really a nice course.

Cost and Economics in Pricing Strategy, University of Virginia

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