Full Day Seminar
Pricing for Profitability
Best Practices and Strategies
Pricing professionals have identified many best practices. However, some companies that use these techniques paradoxically fail to improve profitability. Some companies even become less profitable after implementing a best practice.
Upon completing this seminar, participants will be able to identify key pricing best practices and understand how to use them to improve profitability.
Participant Feedback
Excellent! The
speaker was very knowledgeable.
— Rocky Hill, CT
Topics Discussed Include:
- Why choosing a single pricing technique can mean disaster
- Why developing strategy is your first step
- How understanding value can provide a superior profit.
- How a superior knowledge of cost provides a competitive advantage
- Why companies mess up pricing products that are not “average”
- How to avoid being the “dumb” competitor
- Pricing ethics and law
- Developing effective quoting models
- Why the company with the best cost accountant wins
Cases and Group Discussion
This seminar includes cases for group discussion.
Additional Information
Target Audience: We designed this seminar so that financial, marketing and engineering managers may attend together, intellectually challenging each group without getting them lost. We suggest financial managers also attend Advanced Management Accounting.
Level of Knowledge: Intermediate
CPE Credit: 8 or 12 hours group live
Traditional Area of Study:
1 hr. Ethics
2 hr. A&A
5 hr. Management
NASBA Area of Study:
1 hr. Reg. Ethics
2 hr. Accounting
5
hr. Bus. Mgt.
Prerequisite: None
Advanced Preparation: Bring a calculator
Author: John L. Daly
Acronym: PFP
Scheduling: Schedule before Advanced Management Accounting to make a 2-day series
Learn More
Pricing for Profitability: Activity-Based Pricing for Competitive Advantage - Learn more about the book written by Executive Education president, John L. Daly.
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