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Course Description

Your go-to-market strategy must include research and analysis to determine optimal solutions throughout the process of manufacturing and getting your product into the hands of your target consumer. To understand the costs involved in your enterprise, you must identify a target price range and the point at which your business will break even. To be profitable as well as competitive, you will need to figure out the costs that go into manufacturing, distributing, and selling your product. In this lesson, you will begin the process of defining and calculating your potential costs using the Pricing Spreadsheet, then use your findings to settle on an appropriate price range and break-even point for achieving a successful business venture. For the best experience, before starting this lesson, complete "Commercialization: Develop a Prototype Description" and "Commercialization: Determine How to Scale Up Production."

Benefits to the Learner

  • Begin the process of defining and calculating your potential costs 
  • Identify an appropriate price range and break-even point for achieving a successful business venture
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Type
self-paced (non-instructor led)
Dates
Aug 01, 2022 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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