Price Management

$395.00 excl GST

 

The aim of this course is to enable delegates to propose methods of managing prices that will optimise the trading departmental margin. This course is aimed at junior members of a retail merchandise team.

Description

Course Objectives

By the end of this course you will be able to:
• State the considerations for setting initial prices
• Define the different types of price change and when they can be used
• Calculate profitable promotions
• Interpret performance to determine clearance markdown criteria

Course Modules

1. Initial price setting
2. Types of price changes
3. Promotions
4. Clearance markdown