Costing and Pricing Setting Fundamentals

You will explore the concept of price, learn the common pricing policies and master various pricing strategies

Course Fee:

R250

Publisher:

LearnHUB, Regent Business School

"Understanding the principles of costing and pricing was essential for my business. This course provided me with the tools to analyze costs effectively and set competitive prices. I now have a better grasp of how to ensure profitability while remaining attractive to customers."

Rajesh Naidoo

Small Business Owner

Learning Outcomes:

Gain insight into the concept of price and its significance in marketing and business strategy.
Learn about common pricing policies such as cost-plus pricing, value-based pricing, and competitive pricing.
Develop an understanding of various pricing strategies including penetration pricing, skimming pricing, discount pricing, and psychological pricing.

Meet our Expert Instructors

This course was crafted by our dedicated full-time lecturers. With extensive experience in both professional practice and education, our instructors excel at cultivating talent and maximising student potential.

Dr. Abner Mthembu

Academic Researcher Coordinator

Dr. Abner Mthembu, with 7 years of business ownership and a focus on entrepreneurship and portfolio investment, holds an MBA and a PhD in Marketing. He brings 14 years of corporate experience across marketing, sales, purchasing and quality. Dr. Mthembu has also spent 7 years in academia, specializing in business development, SMME growth and entrepreneurship. His expertise lies in strategic business growth and sustainable investment management.

Certificate of Completion

At LearnHUB, we believe in recognising your achievements every step of the way.

That’s why you will achieve a certificate for every course that you successfully complete.

Skill Set Development

Cost analysis
Budgeting
Pricing models
Profit margins
Decision-making
Market evaluation
Communication

Frequently Asked Questions

What will I learn in the Costing and Pricing Setting Fundamentals course?

In this course, you will learn the fundamental principles of costing and pricing, including cost analysis, pricing strategies, and market positioning. The course emphasizes how to determine appropriate pricing structures that maximize profitability while remaining competitive.

Are there any prerequisites for enrolling in this course?

No specific prerequisites are required. This course is designed for individuals interested in understanding the financial aspects of business management, regardless of previous experience. A basic understanding of financial concepts will be beneficial.

What certification will I receive upon completing the course, and how can it benefit my career?

Upon successful completion of the course, you will receive a Certificate of Completion in Costing and Pricing Setting Fundamentals. This certification can enhance your resume by demonstrating your expertise in pricing strategies, a vital skill for roles in finance, management, and operations.

Contact Us

Have any queries?
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