Pricing models are a domain in themselves. Chosing a pricing model is strategic. It is not our intention to train our students in all different possibilities, all methods available. We just want to make you aware that there are several models and a lot of choices to make.

This course however , our goal is that we will only help you on your way. We want you to understand how a pricing or costing model impacts your product configuration in the G2 ERP. To be able to do that and make you understand we will try to keep it as simple as possible.

There are four general pricing approaches that companies use to set an appropriate price for their products and services:

  • cost-based pricing
  • value-based pricing
  • value pricing
  • competition-based pricing

Source: CFO.io

In this course we will try to help you understand the where these costs are configured. The goal is NOT to help you understand the differences or advise about the best choice. Your Financial Officer is the person to consult on that choice. If you are this Financial Officer, we will provide you and your team with a good start to discuss how to configure your model, your strategy in the G2 ERP platform.