75983 - Value Pricing Laboratory

Academic Year 2017/2018

  • Teaching Mode: Traditional lectures
  • Campus: Rimini
  • Corso: Second cycle degree programme (LM) in Business Administration and Management (cod. 8842)

Learning outcomes

This laboratory aims teaching students how to price and services by providing a comprehensive framework for understanding pricing strategies and tactics. The course addresses issues such as price elasticities, economic value analysis, value perception and price customization.

Course contents

  1. Customer Value Analysis: assessing value for the Customer, and value of the Customer
  2. Segmentation, Targeting and Positioning
  3. Cluster analysis and customer segmentation
  4. Multi-dimensional scaling and perceptual maps
  5. Pricing and Promotion Strategies
  6. Conjoint Analysis and pricing/product decision
  7. Experimental methodology
  8. Collecting and analyzing experimental data
  9. Online Communication
  10. Web Analytics lab

Readings/Bibliography

The course is mainly practical in its nature. Therefore, the best way to learn is actively participate in class discussion and laboratory sessions. Lecture slides can be used as a tool to support learning in class. There are not mandatory readings for this course. However, students might make reference to the following two books aimed to deepening either the theoretical concepts or the methodological issues.

1) “Marketing Management (4th Edition) – Winer & Dhar – Pearson Ed.

2) "Statistics for marketing and consumer research" - Mazzocchi, Mario - Sage, 2008.

Teaching methods

The course is a combination of theory and practice.

Therefore, each topic tackled in this course requires an overview of the relevant theory (2 hours) and the related analyses in the lab (4 hours)

Assessment methods

Written Exam

Teaching tools

Lecture Slides

SPSS datasets for lab sessions

Office hours

See the website of Gabriele Pizzi