Pricing and Distribution Management (Byte Size Skills Course) Course
Stonebridge College.
Summary
- 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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Legal information
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