Price Competition Course in Singapore

About This Price Competition Training Course

Price Competition Course in Singapore

The market offers a variety of competitions for businesses to be involved in. This encourages them to continuously move forward in their goals while at the same time retaining loyal customers and attracting prospects. One of these competitions is price competition, where price is the determinant usually between two tightly competitive brands of similar products.

Price competition could drive a business’s sales either way, depending on how a business reacts and formulates strategies to face the challenge. In this course, the participants will be given the chance to explore what price competition has to offer, not just in the short-term increase of sales, but in the long-term profit margin and sales status of a business.

Who Should Attend This Price Competition Workshop

This Price Competition workshop is ideal for anyone who would like to gain a strong grasp and improve their Price Competition.

  • All Staff Within An Organisation

  • Managers

  • Team Leaders

  • Executives

  • Assistants

  • Officers

  • Secretaries

Group Size For This Price Competition Training Program

The ideal group size for this Price Competition course is:

  • Minimum: 5 Participants

  • Maximum: 15 Participants

Course Duration For This Price Competition Skills Course

The duration of this Price Competition workshop is 2 full days. Knowles Training Institute will also be able to contextualised this workshop according to different durations; 3 full days, 1 day, half day, 90 minutes and 60 minutes.

  • 2 Full Days

  • 9 a.m to 5 p.m

Price Competition Course Benefits

Below is the list of course benefits of our Price Competition course

  • Teaches the participant with the different drivers of price competition that leads to the formulation of price competition strategies
  • Helps the participant to gain strategies that could be used when participating in price competition
  • Improves the participant’s decision making when it comes to participating or not in the right kind of price competition
  • Provides the participant with realistic predictions of positive and negative consequences that could come from price competitions
  • Motivates the participant to be a mindful employee who closely monitors price-related issues
  • Encourages the participant to apply price competition strategies to ensure customer retention

Price Competition Course Objectives

Below is the list of course objectives of our Price Competition

  • Understand the role of market competitions and how price changes are driven
  • Define what is price competition and the process of how it happens
  • Determine the importance of price competition and the reasons why it happens
  • Differentiate between price competition and non-price competition
  • Identify the main causes of price competition
  • Enumerate the common types of price competition
  • Determine the factors that should be considered when thinking of participating in a price competition
  • Identify the disadvantages that come from being a part of a price competition
  • Identify the benefits and long-term effects of price competition to the business and the consumers
  • Explore the option of avoiding price competitions and its repercussions
  • Learn about sticky prices as an alternative course of action in the face of price competition
  • Examine a case study about tightly competitive companies with products in price competition
  • Analyze the possible long-term impact of price competition to a business

Course Content Tis Price Competition Training Course

Below is the list of course content of our Price Competition training programme

  • Introduction: Market competitions and driving price changes
  • What is price competition? How does it work?
  • Is price competition a healthy event for a business? Why does it happen?
  • What is the difference between price competition and non-price competition?
  • What are the causes of price competition?
  • What are the common types of price competition?
  • What are the factors to consider before participating in price competition?
  • Pricing strategies to be employed amid price competition
  • What are the disadvantages of price competition?
  • What are the benefits of price competition especially to customers?
  • Avoiding price competitions: Do it or go for it?
  • Sticky prices: Resistant prices that don’t change amid economic challenges
  • Case study: Companies with similar products participating in price competition
  • Activity: Have you experienced working in a company participating in price competition? Determine its possible long-term effects on the business.

Price Competition Value Added Materials

Each participant will receive the following materials for the Price Competition course

Price Competition Learner’s Guide

Price Competition Key Takeaways Notes

Price Competition Essentials Ebook

Price Competition Course Handouts

Price Competition 30-Day Action Plan

Price Competition MindMaps Pack

Price Competition PPT Slides Used During Course

Price Competition Long-Term Memory Flashcards Pack

Price Competition E-Learning Course

Price Competition Online Video Course

Price Competition Essentials Audiobook

Price Competition Infographics Pack

Price Competition Certification

Each course participant will receive a certification of training completion

Course Fees

There are 3 pricing options available for this Price Competition training course. Course participants not in Singapore may choose to sign up for our online Price Competition training course.

  • SGD 1,334.96 For a 60-minute Lunch Talk Session.

  • SGD 584.96 For Half Day Course Per Participant.

  • SGD 884.96 For 1 Day Course Per Participant.

  • SGD 1,184.96 For 2 Day Course Per Participant.

  • Discounts available for more than 2 participants.

Course Discounts, Fundings & Subsidies

We have the following  discounts, fundings & subsidies for this Price Competition training course

Upcoming Price Competition Training Course Schedule

Contact us for the latest Price Competition course schedules:

Phone: +65 6714 6663

Email: contact@knowlesti.com

Message:

    Download Price Competition Course Brochure

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      • Post-Training Support: A vast majority of training does not have any effect beyond 120 days. But to work, training has to have a strong pre- and post-training component. Post-training reinforcement consequently helps individuals to recall the understanding and ask questions.

      • Blended Learning: Learning does not occur in the classroom. Virtually everybody prefers distinct ways of learning. Successful learning should have a multi-channel, multi-modal strategy.

      • We Understand The Industry: Similarly, we’ve got a profound comprehension of the business, business design, challenges, strategy and the that our participants are in and have designed the courseware to cater to their professional needs.

      • Course Content: Knowles Training Institute’s material is relevant, of high quality and provide specific learning outputs. As a result, Participants will leave the training course feeling as they have gained a strong understanding and will also be in a position to execute what they have learned sensibly.

      • Course Development — The workshop modules follow a systematic and logical arrangement. Therefore, this structure helps to ensure that the course material allows the facilitators to deliver the course in a logical arrangement. Consider the subjects as building bricks into learning, our facilitators slowly build towards a comprehensive picture of this entire topic.

      Knowles Training Institute Singapore Clients

      Course Enquiries

      Fill up the form and we will get back to you in less than 1 working day.

      Alternatively, give us a call to have one of our training consultants contact you. Our corporate training courses can be contextualized to meet your organization’s training needs. Leverage on our large pool of professional trainers and consultants for your organization’s training needs.

      Office Address: 60 Paya Lebar Rd, #07-54 Paya Lebar Square, Singapore 409051

      Office Phone: +65 6714 6663

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