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University of Virginia

Customer Value in Pricing Strategy

The traditional approach to pricing based on costs works to pay the bills, but it leaves revenue on the table. You can, in fact, price your products in a way that increases sales--if you know what your customers are willing to pay and can leverage psychology to create better deal and discount plans. In this course, we'll show you how to price a product based on how your customers value it and the psychology behind their purchase decisions. Developed at the Darden School of Business at the University of Virginia, and led by top-ranked Darden faculty and Boston Consulting Group global pricing experts, this course provides an in-depth understanding of value-based pricing and how to use it to capture more revenue. By the end of this course, you'll be able to... -- Apply knowledge of customer value to price products -- Leverage core value-based pricing techniques to inform pricing decisions -- Measure customer willingness to pay using models (surveys, conjoint analysis, other data) -- Use knowledge of consumer psychology to set prices beneficial to both consumers and sellers

状态:Case Studies
状态:Market Research
初级课程小时

精选评论

KD

5.0评论日期:Dec 29, 2019

Very good course for neophyte who wants to understand the customer values for pricing

PN

5.0评论日期:Aug 3, 2023

Great learning with practical and thought provoking assignments!

CA

5.0评论日期:Jul 10, 2019

Lot of insights about custmers and how to play with this information to price according to their willingness to pay

AG

5.0评论日期:Mar 17, 2020

This is the best course by far in the specialization. A lot of new things for me to learn. Absolutely loved it.

MY

5.0评论日期:Nov 2, 2020

Good course to learn practical skills about estimating customer value, performing market research e.g. conjoint analysis, and formulating pricing strategies.

SS

5.0评论日期:Dec 28, 2020

Excellent course. Good materials and entertaining professors.

RS

5.0评论日期:Jun 4, 2017

Wonderful course! If I had some idea how to price regarding economic concepts - then this course gives me completely new very practical methodologies!

RS

5.0评论日期:Jan 14, 2018

Very rich content on consumer behavior and present powerfull tools to measure WTP

FR

5.0评论日期:May 20, 2019

Excellent course. I would recommend to improve the level of the exercises and provide additional readings for people that already have some experience

SS

5.0评论日期:May 15, 2020

It was a very nice course ..Learn very deep Insights about Customer value in Pricing Strategy.

MS

4.0评论日期:Dec 27, 2017

Excellent course. All the instructors did a great job.

HA

5.0评论日期:Feb 8, 2018

Great way to learn conjoint and marketing research fundamentals

所有审阅

显示:20/70

Olesya Altynbaeva
5.0
评论日期:Jun 10, 2019
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