Topic 5 = How to price your product competitively.
Welcome to Topic 5 - How to price your product competitively.
This topic is broken into 6 key lessons, 1 case study and 1 project work for you to complete at the end.
To complete the project work you will need to use these templates: Pricing strategy - Competitor analysis, Price strategy - 3rd party and Pricing strategy - Matrix.
We highly recommend that you complete the project work at the end of each topic as this is a progressive step-by-step journey to launching your fashion brand!
Content:
- Video 1: Introduction to today's topic and its purpose and outcome.
- Video 2: The importance of setting a global price matrix from day 1.
- Video 3: Looking at how you want to be perceived by price in each global market.
- Video 4: How to conduct a price comparison of global competitors.
- Video 5: Looking at 3rd party platform channels for competitor price analysis.
- Video 6: How to analysis and consider market exchange rates, when setting your pricing rules.
- Video 7: How to create a global price matrix.
- Video 8: Summarising all lessons within this topic with a case study.
- Video 9: Project work - Complete the price analysis for your brand and define your global price matrix.
- Downloadable material: 1 master workbook, 1 PDF topic workbook.