Shortlisted Countries:
- Client has business across ‘n’ number of countries across the globe.
- Classified the entire globe into multiple regions and shortlisted the top volume generating countries within each region.
- Shortlisted countries considering multiple factors such as current pricing bracket, economic standards, geographic position in the globe etc.
Shortlisted Partners in the selected countries:
- Client has huge network of partners; practically impossible to fetch pricing details from entire partners; calls the need for a precise set of samples representing critical pricing behaviors.
- Performed an exhaustive analysis on partner training data and identified behaviours effecting the pricing strategies; shortlisted top performing global and local partners in selected countries.
Shortlisted Courses:
- Client offers a wide range of courses as part of their skilling initiative.
- Shortlisted a set of courses representing a major chunk of training volume and covers a fair representation of multiple pricing parameters.
Calculated Standard Price across courses for partners:
- Analyzed the pricing variation across courses based on difficulty level, demand and standard duration across countries and partners.
- Devised a logic factoring all the above parameters and calculated a standard price across countries for all partners.
Suggested the revised pricing strategy for the program:
- Analysed the variation in standard pricing across partners in each country.
- Applied appropriate statistical measures based on observed variation to fix a unique price across countries for the ease of comparison.
- Analysed the variation between published partner pricing and skills initiative pricing and suggested the revised pricing strategy for the program.