Explore the intricate world of market and competition in pricing strategy with this comprehensive course. Delve into market and competition applications in product pricing, game theory, competitor pricing models, and strategies for price discrimination in competitive markets.
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Get Started / More InfoThis course comprises four modules that cover a wide range of topics including legal aspects of pricing, predicting competitive reactions, market disruption and coopetition, and implementing price discrimination in competitive markets.
Module 1 delves into the legal aspects of pricing, providing a foundational understanding of the competitive framework and the legal structures related to pricing. Participants will also explore the use of discussion forums to enhance learning and deepen understanding.
Module 2 focuses on predicting competitive reactions, utilizing game theory and value mapping techniques. Participants will gain insights into predicting competitive moves and understanding the dynamics of competitive pricing.
Module 3 explores disrupting markets and engaging in "coopetition," offering strategies to understand and assess competitive price moves, pricing through the product life cycle, and real-world case studies to apply the concepts learned.
Module 4 provides an in-depth understanding of implementing price discrimination in competitive markets, covering customer segmentation strategies, product line pricing, and bundle pricing techniques to optimize revenue in competitive environments.
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