Professional Certificate in Fashion Retail Pricing and Performance Measurement
-- ViewingNowThe Professional Certificate in Fashion Retail Pricing and Performance Measurement is a comprehensive course designed to equip learners with essential skills in the fashion retail industry. This course emphasizes the importance of strategic pricing and performance measurement in driving business growth and profitability.
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GBP £ 140
GBP £ 202
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โข Fundamentals of Fashion Retail Pricing: Understanding the basics of fashion retail pricing, including cost price calculation, margin calculation, and price positioning.
โข Psychology of Pricing: Exploring the psychological aspects of pricing, such as pricing strategies that influence consumer perceptions and behavior.
โข Market Research for Pricing: Analyzing market trends, competition, and consumer behavior to inform pricing decisions.
โข Pricing Strategies for Fashion Retail: Implementing various pricing strategies, such as skimming, penetration, bundle, and discount pricing, to maximize profits.
โข Price Adjustments and Optimization: Adjusting prices based on factors like season, demand, stock levels, and product lifecycle to optimize revenue and profitability.
โข Pricing Tools and Technologies: Utilizing pricing tools and technologies to streamline pricing processes and improve pricing accuracy.
โข Performance Measurement in Fashion Retail: Evaluating the success of pricing strategies using key performance indicators (KPIs) such as revenue growth, margin growth, and return on investment (ROI).
โข Communicating Pricing Decisions: Communicating pricing decisions effectively to internal stakeholders and external partners.
โข Legal and Ethical Considerations in Fashion Retail Pricing: Understanding legal and ethical considerations in fashion retail pricing, including anti-competitive practices and pricing transparency.
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