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Course Code: FNBN 1073
20 Course Visits
Data-Driven Pricing Optimization
Course Sector:
Finance, Accounting and Banking
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Abu Dhabi, UAE $4,250
02
5 Days
Zürich, Switzerland $5,950
03
5 Days
Online, Virtual $2,150
Introduction
Training course introducion / brief
This course focuses on leveraging data analytics and market intelligence to optimize pricing decisions. It provides managers with advanced tools and techniques to use data effectively in pricing strategy development and execution.
Course Objectives
At the end of the training course, participants will be able to
- Understand the role of data in pricing optimization
- Develop skills to implement data-driven pricing models
- Learn to use analytics for price sensitivity analysis and forecasting
- Gain insights into real-time pricing adjustments and personalization
- Master techniques for measuring and improving pricing effectiveness
Course Audience
Who is this course for, and can benefit the most
coming soon
Course Outline
The course aims and learning outcomes
Foundations of Data-Driven Pricing
- Introduction to pricing analytics
- Key data sources for pricing decisions
- Building a data infrastructure for pricing
- Case study: Successful data-driven pricing initiatives
Advanced Pricing Analytics Techniques
- Price elasticity modeling
- Conjoint analysis for value-based pricing
- Machine learning in pricing optimization
- Workshop: Conducting a price sensitivity analysis
Predictive Analytics in Pricing
- Demand forecasting for pricing decisions
- Predictive modeling for pricing scenarios
- Big data applications in pricing
- Hands-on session: Building a predictive pricing model
Real-Time and Dynamic Pricing
- Implementing real-time pricing systems
- Personalized pricing strategies
- A/B testing in pricing optimization
- Group discussion: Ethical considerations in data-driven pricing
Measuring and Improving Pricing Performance
- Key performance indicators for pricing
- Dashboard design for pricing analytics
- Continuous improvement in pricing processes
- Action planning: Implementing a data-driven pricing strategy
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
Since 2001, we have been pioneering the training field in the middle east, we managed to unlock potential and help individuals, teams and organisations to be the best that they can be with our full and integrated solutions.
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