Pricing strategy is a structured business process involving analysis of data specific to competing organizations from the client perspective to predict their buying pattern.
Our course structure enables you to:
- Evaluate competitive bids to understand the client’s buying style, competitor’s solution and pricing
- Develop a bid by establishing a common ground between service capabilities and pricing, in alignment with client expectations
- Utilize data analysis tools, information systems and internal databases to maximize data collection, predict client funding resources and budget
- Research and maintain a repository of company information for historical costs, position in the competition, unique differentiators etc.
- Invest time towards developing and improving price-to-win strategies in response to new information
- Devise a strategy that cuts down costs, creates more value and benefits for the client
What’s in it for you?
- Value addition to the profile of Business development specialists, Finance / Technical professionals, Capture Manager and Pricing Manager
- Comprehensive understanding of the characteristics of a successful pricing strategy to be at a competitive advantage
- Knowledge of industry-best practices to build your own price-to-win strategy from the scratch
Our knowledge base:
- Lectures delivered by industry-certified experts and highly competent professionals from the Bid Management and Business Development community
- 100% online program accessible through web and mobile devices
- Expert guidance through the process of market research to developing a unique price-to-win bid strategy
- Evaluation methodology based on applying knowledge of pricing strategies in real world competitive acquisition scenarios