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Revenue Management and Pricing Strategy Fundamentals

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Why Attend

Revenue management techniques and pricing strategies have increasingly been adopted by both small and large companies, making a comprehensive understanding of segmentation, forecasting, and pricing an essential requirement for today’s business professionals. The purpose of this course is to provide a core understanding of the fundamentals of revenue management and pricing strategies which ties into the larger picture of revenue strategy. This course is structured to provide valuable insights into revenue management and other essentials associated with it. 

Course Methodology

This course will provide participants with activities concerning the knowledge, skills, and competencies required to develop and execute fundamental revenue management processes in their organizations. Also, participants will learn how to integrate multiple data sources and analyze them to improve business performance through price optimization, demand forecasting, availability control, and inventory allocation.

Target Audience

This course is designed for marketing and sales department heads and managers (B to B and B to C), business professionals, business owners, entrepreneurs starting a business, and any professional with business experience wishing to update their skills and learn new revenue management and pricing techniques.

Course Objectives

Provided by SQ, this programme is available by distance learning, allowing you to study flexibly while balancing work and personal lifes.


Gain insight into revenue management principles.

Apply different forecasting methods to drive future demand.

Develop the right pricing strategy and relevant measures.

Optimize the use of existing inventory through proper allocation and capacity control.

Discuss the key trends in revenue management for different businesses.

Target Competencies


Forecasting

Inventory management

Analytical thinking

Financial decision making

Strategic insight

Pricing strategies

Negotiation skills

Communication skills

Statistical analysis

Economic savviness

Margin analysis

Course Outline


What is revenue management (RM)?

Inventory allocation and capacity control

Pricing strategies

Implementation of revenue management systems

RM and Forecasting

Program Methodology


In person

Online