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IE Business School

Pricing Strategy

Pricing is one of the most important but least understood marketing decisions. Learn and practice concepts, techniques, and get to grips with the latest thinking on assessing and formulating pricing strategies. Analyze how firms attempt to capture value, as well as profits, in the revenues they earn. Along this course, you will learn pricing strategy key concepts such as pricing psychology, price discrimination, willingness to pay of customers, optimal price and price elasticity. This course has an additional focus on pricing dynamics and the reaction to and by competitors, taking a highly pragmatic approach and one that is directly applicable to your day-to-day professional life. After this course, you will be able to contribute to the process of formulating pricing strategies for your own products and services, or those of your firm. Martin Boehm - IE Professor and Dean of the Business School with over 10 years experience - will guide you through four modules. We begin with the importance of pricing and how it ultimately can affect the bottom line. Then, we move on to methods to help you decide what is the optimal price for your product; and then price discrimination - should all your products follow the same pricing strategy or should you differentiate depending on the customer segment? Finally, we look at pricing psychology and how you can influence customers in order to drive the highest possible price for your product.

Status: Market Research
Status: Business Marketing
BeginnerCourse13 hours

Featured reviews

AR

5.0Reviewed Sep 19, 2020

I have been working in sales for the last 10 years, though I have learned many tricks of the trade while working, this program gave me more insights into the pricing strategy

CT

5.0Reviewed Jun 20, 2017

In my opinion it is the best course in the specialization. Excellent sources articles and book to study and expand the price knowledge. The course gave enough encouragement to learn more.

JS

5.0Reviewed Jul 21, 2019

Good course on pricing. It was a review of a similar class I have taken elsewhere, but even so I learned new concepts or ways to approach pricing. Some of the readings were very technical.

TP

4.0Reviewed Dec 28, 2021

It's not easy for a non-commerce background person to understand the terminolgies and how the tallies work. The videos ignore this fact. Otherwise it's informative if understood properly.

AA

5.0Reviewed Jul 6, 2020

I really liked this module and pricing implication. Prof. Martin Boehm made it much easier to understand with all the practical examples and Obviously, the light board. :)

AC

4.0Reviewed Apr 22, 2020

Very good, perhaps since I already have my MBA some of the first lessons were extremely simple for me but the course is interesting and very well explained.

KS

5.0Reviewed Jan 30, 2019

I am small hotel owner. This course really changed my attitude and perception towards pricing. I hope the knowledge I gained in this course is going to help me a lot. Thank you .

CS

5.0Reviewed Sep 8, 2019

Loads of information received through this course. Being a fresher, the content seems pretty exhaustive & holistic. Some nice & relevant examples in every video lecture.

EM

4.0Reviewed May 3, 2016

The lessons are valuable. My issue is that when I passed the quiz, I was unsure which 2 I got wrong and wanted to know for my own information. Thank you

KP

5.0Reviewed Oct 15, 2021

This has been an excellent course. I learned many interesting things on price strategies applied in marketing. It is a not easy course, but it worth it. Thank you.

MT

5.0Reviewed Jan 13, 2018

Well explained videos as well as many important theories of pricing are covered. Moreover, there is a good variety of very interesting articles provided.

AJ

5.0Reviewed Mar 19, 2020

I had always been afraid of Pricing and any other subject that required some mathematical skills. But this course was so helpful in both educating me and boosting my self-confidence in Pricing.

All reviews

Showing: 20 of 236

Ricardo Oliveira
2.0
Reviewed Mar 13, 2016
Gareth B
5.0
Reviewed May 24, 2016
Joey Volpe
5.0
Reviewed Jul 10, 2016
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5.0
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4.0
Reviewed Apr 10, 2016
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5.0
Reviewed May 17, 2020
shriram
5.0
Reviewed Oct 23, 2019
Mohammad Morshedloo
5.0
Reviewed Apr 26, 2016
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5.0
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Sara C
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5.0
Reviewed Feb 22, 2017