22WA-3937: Pricing for Profitability: How Finance Can Save the Bottom Line (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Tuesday, December 20, 2022
Time
5:00pm
-
6:55pm
Central Time
Location
Online
CPE credits
CPE
2.0
Field(s)
of study
Accounting - Technical (2.0)
Instructor
John Daly, MBA, CPA, CMA, CPIM
Executive Education, Inc.
Fees
Standard Member Fee |
$79.00
|
Standard Nonmember Fee |
$79.00
|
Description
Much has been written recently about value pricing with some authors implying that understanding your product's value is the most important and perhaps only requirement for superior profitability. While every company should understand product value, understanding cost, competition, and capacity utilization are far more important for most organizations.
Left unchecked to "value price" products, incentive programs usually motivate sales personnel to set price at the lowest allowable number. Finance can influence profit in a big way by getting involved in pricing. This session will show you how.
Who should take this program?
Everyone involved in the pricing process as well as financial professionals who may not yet be involved in pricing.
Major subjects
-
Develop strategy
-
Understand value from the customer's perspective
-
Understand your competitor's value proposition
-
Manage capacity
-
Understand real cost
Learning objective(s)
-
Understand the finance department's role in product pricing
Course code
Code
22WA-3937
Sponsor
NASBA ID#: 107810
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
None
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.