Price Elasticity and the Profit-Maximising Price
This lesson is part of the course
In this lesson
You turn a demand table into revenue, contribution and profit, find the profit-maximising price and measure the arc elasticity.
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Lessons in this course
- Price, Volume and Margin Trade-offs Locked
- The Price Waterfall: From List Price to Pocket Price Locked
- Cost-Plus vs Value-Based Pricing Locked
- Price Elasticity and the Profit-Maximising Price Locked
- Product Profitability: Contribution vs Fully Loaded (ABC) Locked
- Customer Profitability, Cost-to-Serve and the Whale Curve Locked
- Discounts and Promotions: Break-Even Volume Lift Locked
- Tiered Volume Pricing and Bundles with XLOOKUP Locked