Online Business: Pricing for Success
Discover "Online Business: Pricing for Success" - a free course designed to help you master the art of pricing and cost management in your online business. Understand key concepts, drivers, and financial documents that influence pricing decisions. Learn practical techniques for assessing expenses, analyzing numbers, and making informed pricing decisions. Benefit from expert advice from RMIT University's esteemed academics and successful online entrepreneurs. Ideal for small business owners and aspiring online entrepreneurs, this course provides valuable insights through case studies, exercises, and templates. Unlock the secrets to sustainable profitability in your online business today! ▼
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Course Feature
Cost:
Free
Provider:
Futurelearn
Certificate:
Paid Certification
Language:
English
Start Date:
9th Oct, 2017
Course Overview
❗The content presented here is sourced directly from Futurelearn platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.
Updated in [June 30th, 2023]
This free online course, Online Business: Pricing for Success, will provide learners with an understanding of the key aspects of getting their prices and costs right, while aligning pricing to their marketing strategies. Learners will gain an understanding of pricing and costing concepts, and how to make practical pricing decisions. They will also learn how to assess the expenses of a business, methods for understanding and analysing the numbers, and how to read the numbers. Expert online business advice will be provided by academics from the College of Business and the Business Enterprise Unit, as well as successful online entrepreneurs. This course is targeted at learners who have a small business or are considering setting up an online business and wish to understand the principles of costing and pricing.
[Applications]
Suggestions for the application of this course include using the knowledge gained to make practical pricing decisions, assess the expenses of a business, understand and analyse the numbers, and read the numbers. Learners can also use the course to gain expert online business advice from successful online entrepreneurs.
[Career Paths]
[Job Position Path]
The job position path recommended to learners of this course is an Online Business Pricing Analyst. An Online Business Pricing Analyst is responsible for analyzing pricing strategies and making recommendations to optimize pricing for an online business. They must have a deep understanding of the online business landscape, pricing models, and customer behavior. They must also be able to analyze data and develop pricing strategies that will maximize profits and customer satisfaction.
The development trend for this job position is that it is becoming increasingly important as online businesses become more competitive. Companies are looking for analysts who can help them stay ahead of the competition by developing pricing strategies that are tailored to their specific needs. As the online business landscape continues to evolve, the need for Online Business Pricing Analysts will continue to grow.
[Education Paths]
The recommended educational path for learners of this course is to pursue a Bachelor's degree in Business Administration. This degree will provide learners with a comprehensive understanding of the fundamentals of business, including pricing and costing concepts, financial documents and performance ratios, and methods for understanding and analyzing the numbers. Additionally, learners will gain an understanding of how to make practical pricing decisions, assess the expenses of a business, and read the numbers.
The Bachelor's degree in Business Administration will also provide learners with the opportunity to gain a deeper understanding of the principles of business, such as marketing, finance, accounting, and operations. Learners will also gain an understanding of the legal and ethical aspects of business, as well as the global business environment.
The development trend of the Bachelor's degree in Business Administration is to focus on the application of business principles in the digital age. This includes the use of technology to improve business processes, the use of data analytics to make better decisions, and the use of digital marketing to reach new customers. Additionally, the degree will focus on the development of leadership and communication skills, which are essential for success in the modern business world.
Course Provider
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