Pricing for Profit

Summary: 

Pricing is a critical marketing decision. The price you set for your goods and services is a key determinant in the final profit (or loss) that your business will make. Get the low-down on how to set a realistic but profitable price.

On completion of this topic, you will have gained an increased understanding of:

  • What pricing is
  • What profit is
  • The elements of a cost structure
  • How to determine the break-even profit
  • How profit differs from cash flow

The duration of this topic is: 1 hour

Author: Debbie Kennington

Enrolment duration: 364 days
Cost: 45(AUD)

More information

TAFE Digital
        TAFE NSW – North Coast RTO Code: 90010

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