Executive Development Programme in Fashion Retail Pricing for Disruption

Name: Executive Development Programme in Fashion Retail Pricing for Disruption
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The Executive Development Programme in Fashion Retail Pricing for Disruption is a certificate course designed to equip learners with essential skills for career advancement in the fashion retail industry. This program is crucial for professionals seeking to stay ahead in the rapidly changing retail landscape, where pricing disruptions are becoming the new norm.

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AboutThisCourse

The course covers key topics such as pricing strategy, consumer behavior, and data analytics, providing learners with a comprehensive understanding of the pricing function in fashion retail. Through hands-on exercises and real-world case studies, learners will develop the ability to make informed pricing decisions that drive revenue and profitability. With a focus on innovation and disruption, this program will prepare learners to lead pricing initiatives that create a competitive advantage for their organizations. By earning this certificate, learners will demonstrate their commitment to staying at the forefront of the fashion retail industry and position themselves for career growth and success.

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CourseDetails

• Fundamentals of Fashion Retail Pricing: Understanding the basics of fashion retail pricing, including cost price, margin, markups, and discounts.
• Price Perception and Psychology: Exploring the role of consumer psychology in pricing decisions, and how to use pricing as a tool to influence consumer perceptions.
• Pricing Strategies in Fashion Retail: Examining various pricing strategies, such as value-based pricing, competitive pricing, and bundle pricing, and their applications in the fashion retail industry.
• Pricing Analytics for Fashion Retail: Leveraging data analytics to make informed pricing decisions, including understanding customer price sensitivity, measuring pricing elasticity, and analyzing competitor pricing.
• Pricing Disruption in Fashion Retail: Exploring the impact of digital disruption on pricing, including the rise of dynamic pricing, subscription pricing, and personalized pricing.
• Pricing Ethics in Fashion Retail: Understanding the ethical considerations in fashion retail pricing, such as fair pricing, transparency, and avoiding deceptive pricing practices.
• Pricing and Product Lifecycle Management: Managing pricing strategies throughout the product lifecycle, from new product launches to end-of-life pricing.
• Pricing and Marketing Mix Strategy: Integrating pricing with other marketing mix elements, such as product, promotion, and distribution, to optimize overall marketing strategy.
• Global Pricing Strategies in Fashion Retail: Adapting pricing strategies to different global markets, taking into account cultural, economic, and regulatory differences.

CareerPath

The **Executive Development Programme in Fashion Retail Pricing for Disruption** is an excellent opportunity for professionals looking to advance their careers in this competitive industry. This section features a 3D Pie Chart highlighting relevant statistics related to the job market trends, average salaries, and skill demands for various roles in the UK. The chart showcases the following roles and their representation in the industry: 1. **Pricing Analyst**: These professionals are responsible for analysing and implementing pricing strategies for products and services. With a 25% share, the demand for Pricing Analysts remains robust in the UK. 2. **Pricing Manager**: A Pricing Manager oversees the development and execution of pricing strategies. With a 15% share, the role requires strong decision-making and leadership skills. 3. **Data Scientist**: Data Scientists with expertise in data analysis and machine learning are increasingly valuable in the fashion retail industry. With a 10% share, these professionals help businesses make well-informed decisions. 4. **Business Intelligence Developer**: With a 10% share, BI Developers design, develop, and maintain data visualisation tools, ensuring data accuracy and relevance. 5. **Retail Consultant**: Retail Consultants offer strategic guidance on retail operations, sales, and marketing. With a 20% share, they play a vital role in enhancing overall business performance. 6. **Marketing Manager**: A Marketing Manager plans and executes marketing campaigns and strategies. With a 20% share, the demand for experts in this role is high, requiring strong communication and leadership skills. These roles and their respective representation in the industry emphasise the growing need for professionals with a strong understanding of fashion retail pricing for disruption.

EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
DedicationCompleteCourse

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FastTrack GBP £140

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ThreeFourHoursPerWeek
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StandardMode GBP £90

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TwoThreeHoursPerWeek
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EXECUTIVE DEVELOPMENT PROGRAMME IN FASHION RETAIL PRICING FOR DISRUPTION

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London School of International Business (LSIB)

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05 May 2025

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