Pricing and Costing
Self-paced Online • 10-25min
You are able to save and continue at any point.
Setting the right price can make or break a tourism business. This course guides entrepreneurs through the essential concepts of costing and pricing, offering practical insights tailored to the unique challenges of the tourism sector.
You’ll explore how to calculate costs, understand market-driven pricing factors, and develop strategies that balance customer appeal with profitability. This course aims to empower you to create flexible pricing plans that adapt to various business scenarios and maximize your bottom line.
Who is this for?
- Operators
- Tourism business owners
- Distinguish between costing and pricing and understand their unique roles in business profitability.
- Explain key costing methods and techniques that help manage expenses and optimize pricing decisions.
- Understand the factors influencing pricing within the tourism industry and how market dynamics affect customer behavior.
- Describe effective pricing strategies that attract customers while maximizing revenue.
- Outline the process of creating cost-price plans tailored to different business scenarios and market conditions.
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