Date:
Monday July 13, 2015
Time:
Check-in: 6:45 PM - 7:00 PM
Workshop: 7:00 PM - 8:30 PM
Location:
Barrington Area Library 505 N. Northwest Highway Barrington, IL 60010
Limited seating. Save yours and Click Here to pre-register.
Contact
Barbara Alvarez Barrington Area Library 847-382-1300
Mentoring at the Barrington Bank & Trust is Thursday morning from 9AM - 12PM by appointment.
For a list of other suburban mentoring locations, Click Here
For a calendar of additional suburban workshops, Click Here
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Overview:
Do you believe the market has all the power over the price of your products and services? You have more control than you think! Learn the powerful and positive impact small price changes can have on your business profits, while avoiding loss of customers or sales volume. Jerry Folz, executive coach and mentor, demonstrates how to identify under priced areas in your offerings and how to fix them.
Details:
In this interactive presentation, Jerry will engage attendees in a discussion about the power of strategic pricing in their organizations and how to achieve higher profits through pricing excellence. Attendees will learn:
- Three ways to grow profits in your company.
- What are the best in the short term, medium term and long term strategies to grow profits.
- What is the fastest and easiest way to grow profits starting tomorrow.
- The relationship between prices charged, gross margin and profits.
- How much profits will go up if you raise prices.
- How much sales volume you can lose and still break even with a price increase.
- The unexpected benefit of losing customers because of a new price.
- How to confidently raise prices where appropriate in your company by understanding price sensitivity, price segmentation and value based pricing.
Attendees will leave clearly understanding the power of price in their business and how to improve pricing without loss of volume. They will walk away with practical, ready-to-implement steps to better manage pricing and eliminating price-related profit leaks.
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. Jerry Folz is a Chair with Vistage International, the world's largest CEO membership organization with 18,000 members in 16 countries. Folz has been involved with small businesses (under $10 million in sales) since receiving his MBA from Northwestern University's Kellogg Graduate School of Management in 1984. Jerry currently chairs two monthly Vistage peer to peer advisory boards, totaling 25 small business owners. He impacts those businesses by facilitating monthly meetings, providing coaching and hosting professional development speakers. His clients thus become significantly better leaders of their businesses and their lives. Folz is also the manager of SCORE Chicago's Skokie Public Library branch. He mentors small business clients on the 2nd and 4th Wednesdays evenings, monthly |
Limited seating, save yours.
Please Click Here to pre-register. |
SCORE services are provided on a non-discriminatory basis without regard to race, gender, national origin or disability. SCORE Chicago 500 W. Madison Street, Suite 1150 Chicago, IL 60661 312-353-4540 [email protected] www.scorechicago.org |
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