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Pricing and Distribution Management (Byte Size Skills Course) Course


Stonebridge College.

Summary

Price
£79.99 inc VAT
Finance options
Finance options available
Study method
Distance learning
Duration
20 hours · Self-paced
Qualification
Level 1 ABC Awards Certificate of Achievement
Awarded by ABC Awards
Additional info
  • Tutor is available to students

Overview

In this course, we look at the price and place elements of the marketing mix. Pricing is a key ingredient of the marketing mix and one that creates revenue. We look at three ways of deciding pricing levels in the market and show the importance of a marketing-orientated approach. Generally, price is a controllable variable in the mix. In the UK, there are new challenges to marketers with the introduction of the euro as a base currency for business to business dealings in Europe.

By the end of this course you will be able to:

  • appreciate the role of pricing in the marketing mix
  • differentiate between key approaches to pricing products, and evaluate their relative strengths and weaknesses in given situations
  • distinguish between strategic and tactical pricing situations
  • recognise the factors which lead to price-based competition
  • appreciate the challenges to European marketers of the introduction of the euro
  • explain the strategic and tactical importance of distribution management
  • distinguish between direct and indirect distribution systems
  • identify key changes in the distribution environment
  • select appropriate distribution channels for given products and services.

Description

Introduction

Objectives

Why is price important?

Pricing methods

Impact of the Euro on price

Why is place important?

Summary

Tutor-marked Question Paper

Requirements

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

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An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.