Pricing in Service Business (5 cr)

Objective

The student is able to
- adapt to the current change from cost focus to customer value orientation
- explain the theory and research concerning pricing of services
- price new services using traditional pricing methods
- apply innovative pricing methods and tools in practice

Location and time

Online, Canvas learning environment.

Oppimateriaali ja suositeltava kirjallisuus

A list of recommended reading will be published in Canvas.

Toteutustapa

This is an online study unit (Canvas) which starts in May and ends in August 2023.

Toteutuksen tärkeät päivämäärät

Orientation May (Introductory session 8th May on Zoom at 16-17, will be recorded)
Module 1 Pricing methods and revenue streams. May & June
Module 2 How to build a pricing strategy? June
Module 3 Dynamic pricing. July & August

Active participation in online discussions is required.

The return dates for assignments will be informed in the Canvas learning environment.
There will be a team project during the summer, which is returned in August. In August there will be final discussions, peer review and you will return your final learning diary.

Completion alternatives

All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the studies or another person designated to the position. The assessment is carried out according to the same assessment criteria and, as a rule, same grading scale as that adopted for the corresponding study unit or module. The student is entitled to apply for accreditation of prior competence regardless of where, how and when the competence has been acquired. The student may also seek accreditation of competence to be acquired on the job as part of their degree (work-based learning). The student is responsible for demonstrating and verifying their competence and for providing sufficient information.

Student workload

5 ECTS = approximately 135 student working hours

Sisältö ja sen jaksotus

Orientation and learning diary
Module 1 Pricing methods and revenue streams
Module 2 How to build a pricing strategy?
Module 3 Dynamic pricing

Evaluation scale

H-5

Further information

This study unit is for Master level students (YAMK) only. Bachelor level students cannot enroll to this course.

The study unit corresponds to the requirements of Master's level education.

Quota for open UAS and 3AMK: TBA

The quality of the study unit implementation has been assessed and the self-evaluation report is available in Canvas.