Discover what’s behind every good pricing strategy so you can develop one of your own that strikes the right balance between profit and greater market share. Understand why pricing is the most important ‘p’ in the marketing mix, why both must be aligned to your business objectives, and the parts played by demand, cost, product lifecycles and your competitors. Find out how to improve cash flow, avoid the five most common pricing mistakes, steer clear of price wars, when to use discounting and how it impacts profits. <br> Get on top of the key numbers, including gross margin, mark-up and breakeven, and learn how to identify your best sellers so you can pump up the profits. Delivered by a small business financial expert and packed with practical tips, tools and techniques you can apply straight away, this workshop includes a free one-on-one mentoring session to guide you through the process of developing a pricing strategy of your own. Most small business owners find pricing difficult. Make it easy at this essential Small Business Victoria workshop, one of many that have helped businesses in Victoria get started for over 10 years. Includes a free follow-up one-on-one mentoring session with an experienced small business finance mentor. Learn how to: • Develop an effective pricing strategy to match your business objectives • Monitor and manage key numbers • Understand gross margin, mark-up and breakeven • Identify your most profitable goods or services • Recognise five common pricing strategy mistakes • Discount effectively • Access tools, templates, support and resources in future.
25 - 39 Barkly Street
All day parking at rear of building via Prince Street (btwn Barkly and Eureka Streets)