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Pricing Strategy

Help Anew Bam create a well-designed pricing structure that accounts for key variables in their target market and product/service offering.
Anew Bam
Saint Paul, MN, USA
Anew Bam
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Anew Bam
Saint Paul, MN, USA

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Cause
Education
Skills
Finance Strategy consulting

Posted April 29th

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Pricing Strategy

Project details

What we need
  • Analysis of Organization’s target audience, competition, costs and products/services
  • Recommendations for pricing for existing products/services
  • Assessment of whether any products/services should be discontinued or offered at differential price points based on constituents’ needs
What we have in place
  • We currently have A set price for it licensing fees for its curriculum, which should make it easy for you to get started. We also have Staff amd volunteers, a budget, a strategic plan, and the ability to provide any other information you need.
How this will help
This project will save us $6,868 , allowing us to Further our mission of ANEW BAM is dedicated to advancing the academic success of youth and families through culturally responsive arts education social emotional learning and African American history culture.

ANEW BAM know that the price you set affects your profit margin and wants to make sure the organization is bringing a steady stream of income annually Curriculum sales are very important to ANEW BAM income. ANEW BAM wants to increase sales volume. ANE BAM knows that the price you set sends a message to consumers about your business, product or service, creating a perceived value. This affects your brand, image or position in the marketplace. ANEW BAM understands that a strategic pricing strategy, can bring substantial profit to the organization.

Project plan

P
Prep: Current Materials
  • Volunteer Manager provides overview of current pricing and products/services and business practices
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming/overview session
  • Professional analyzes current pricing strategies
  • Professional gathers information about the Organization’s products and services and the use of the Organization’s resources in providing those products and services
  • Professional researches and analyzes similar products and services on the market
2
Milestone 2: Recommendations
  • Professional proposes pricing for products/services based on research of demand, audience, costs, competition, etc.
  • Professional assesses any changes needed such as phasing out certain products/services, differential or tiered pricing, etc.
  • Organization provides feedback to Professional's proposals
3
Milestone 3: Delivery of Pricing Strategy
  • Professional delivers a Pricing Strategy outlining the new pricing recommendations
  • Professional provides suggestions for how to roll out the new plan
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About the org

Anew Bam
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Causes
Education Arts & culture
Posted by
Kevin R
Kevin R.

Executive Director

Our mission

ANEW BAM is dedicated to advancing the academic success of youth and families through culturally responsive arts education, social emotional learning, and African American history and culture.

Testimonials

Read the Impact Story
William was extremely dedicated to the project and has provided a pricing strategy that will take our organization to the next level.
Kevin R.
Kevin R.

Executive Director

Pricing Strategy Project

Kevin was very open to new ideas and it was really great working with him
William K.
William K.

Volunteer

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