Business Marketing

Pricing Your Product or Service

Build a practical pricing strategy that supports profit, positioning, and customer trust

Pricing Your Product or Service logo
Quick Course Facts
19
Self-paced, Online, Lessons
19
Videos and/or Narrated Presentations
6.7
Approximate Hours of Course Media
About the Pricing Your Product or Service Course

Pricing Your Product or Service is a practical Business course for founders, freelancers, consultants, and teams who need to make smarter pricing decisions with confidence. You will learn how to connect cost, value, positioning, and market feedback so you can Build a practical pricing strategy that supports profit, positioning, and customer trust.

Build A Stronger Business Pricing Strategy

  • Learn how pricing affects profit, growth, positioning, and customer perception.
  • Calculate costs, margins, break-even points, and profit targets before setting a price.
  • Evaluate customer value, willingness to pay, competitors, and market context without simply copying others.
  • Choose pricing models, packages, discounts, and communication tactics that protect Business value.

This course teaches the fundamentals and execution skills behind Pricing Your Product or Service for sustainable Business results.

Pricing is one of the most important decisions in any Business, yet many people rely on guesswork, competitor matching, or fear-based discounts. This course gives you a structured way to understand why pricing strategy matters, how the economics behind every price work, and how to calculate the costs, margins, and break-even points that shape healthy decisions.

You will explore how customer value, willingness to pay, positioning, and segmentation influence what people are prepared to spend. Instead of copying competitors, you will learn how to analyze the market while using your own offer, brand, and Business goals to support a clear pricing approach.

The course also covers practical pricing models for services, products, subscriptions, memberships, usage-based offers, bundles, and product lines. You will compare hourly, project, retainer, and value-based pricing options, then learn how to build tiers, packages, and good-better-best offers that are easier for customers to understand and easier for your Business to sell.

Finally, you will learn how to manage discounts, promotions, price testing, price communication, and price increases without damaging trust. By the end of Pricing Your Product or Service, you will be able to Build a practical pricing strategy that supports profit, positioning, and customer trust, and you will leave with a pricing strategy playbook you can apply to real Business decisions.

Course Lessons

Full lesson breakdown

Lessons are organized by topic area and each includes descriptive copy for search visibility and student clarity.

Pricing Foundations

4 lessons

Pricing is one of the most important business decisions because it affects revenue, profit, customer expectations, brand positioning, and long-term trust. In this lesson, Professor Amanda Davis introd…

Lesson 2: The Economics Behind Every Price

21 min
This lesson introduces the core economics behind pricing decisions: how costs, volume, margin, willingness to pay, and perceived value interact. Learners will see why a price is not just a number adde…

Lesson 3: Calculating Costs, Margins, and Break-Even Points

24 min
This lesson gives learners the math they need before making any pricing decision: how to identify costs, calculate gross margin, understand contribution margin, and estimate break-even volume. Learner…

Lesson 4: Setting Profit Targets and Business Constraints

19 min
In this lesson, Professor Amanda Davis shows how to turn pricing from a vague preference into a business requirement. You will define profit targets, identify the constraints your price must respect, …

Value and Market Context

5 lessons

Lesson 5: Understanding Customer Value

22 min
This lesson explains how customers define value and why that definition should guide pricing decisions. Learners will distinguish price from perceived value, identify the outcomes customers are really…

Lesson 6: Estimating Willingness to Pay

20 min
Willingness to pay is the highest price a specific customer segment is likely to accept for a specific offer in a specific buying context. It is not a single universal number, and it cannot be estimat…

Lesson 7: Analyzing Competitors Without Copying Them

19 min
Competitor pricing is useful evidence, but it should not become a shortcut for your own strategy. This lesson shows how to study competitor prices, packaging, promises, and customer expectations witho…

Lesson 8: Using Positioning to Support Price

21 min
This lesson explains how positioning helps customers understand and accept your price. Instead of treating price as an isolated number, learners will connect price to the market category they compete …

Lesson 9: Segmenting Customers for Better Pricing Decisions

20 min
Customer segmentation helps you make better pricing decisions by showing which buyers value your offer in different ways, face different constraints, and compare you against different alternatives. In…

Pricing Models and Structures

5 lessons

Lesson 10: Choosing the Right Pricing Model

23 min
This lesson helps learners choose a pricing model that fits what they sell, how customers receive value, and how the business needs revenue to behave. It compares common models such as one-time purcha…

Lesson 11: Pricing Services: Hourly, Project, Retainer, and Value-Based Options

24 min
This lesson compares four common service pricing models: hourly, project-based, retainer, and value-based pricing. You will learn where each model works best, what risks it creates, and how to choose …

Lesson 12: Pricing Products: Unit Price, Bundles, and Product Lines

22 min
This lesson explains how product-based businesses can structure prices at the unit, bundle, and product-line level. You will learn how to set a defensible unit price, use bundles without hiding margin…

Lesson 13: Subscription, Membership, and Usage-Based Pricing

23 min
This lesson explains how subscription, membership, and usage-based pricing models work, when each model fits, and how to design them without creating customer confusion or margin risk. You will compar…

Lesson 14: Building Tiers, Packages, and Good-Better-Best Offers

21 min
In this lesson, learners build practical tiered offers using good-better-best logic. The focus is not simply creating three prices, but designing packages that help different customer segments choose …

Execution and Optimization

5 lessons

Lesson 15: Discounts, Promotions, and Price Integrity

20 min
Discounts and promotions can help acquire customers, move inventory, reward loyalty, or reduce friction in a buying decision. They can also train customers to wait, weaken positioning, and quietly des…

Lesson 16: Testing Prices With Real Market Feedback

22 min
This lesson shows how to test prices with real market feedback before making a major pricing decision. You will learn how to define a pricing hypothesis, choose practical test methods, collect signals…

Lesson 17: Communicating Price With Confidence

19 min
Price communication is where strategy becomes customer-facing. This lesson shows how to present price clearly, calmly, and credibly so customers understand what they are buying, why it costs what it c…

Lesson 18: Raising Prices and Managing Customer Reactions

21 min
Raising prices is a normal part of running a sustainable business, but it needs to be handled with discipline. This lesson shows how to decide when a price increase is justified, choose the right stru…

Lesson 19: Creating Your Pricing Strategy Playbook

24 min
In this lesson, Professor Amanda Davis shows how to turn pricing work into a practical pricing strategy playbook your team can actually use. The playbook connects objectives, customer segments, packag…
About Your Instructor
Professor Amanda Davis

Professor Amanda Davis

Professor Amanda Davis guides this AI-built Virversity course with a clear, practical teaching style.