Description
Make price recommendations based on factors such as standard costs, promotions, freight, margin expectations, and customer relationships.
Alternative labels
make a price recommendation
produce price recommendations
making a price recommendations
create price recommendations
agree price recommendations
making price recommendations
Skill type
skill/competence
Skill reusability level
sector-specific
Relationships with occupations
Essential skill
Make price recommendations is an essential skill of the following occupations:
Pricing specialist: Pricing specialists analyse production prices, market trends and competitors in order to establish the right price, taking brand and marketing concepts into consideration.
Optional skill
Make price recommendations is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Advertising manager: Advertising managers perform the implementation of the advertising initiatives planned in the strategic marketing plan. They organise and prepare the resources needed to launch advertising campaigns and operations in advertising agencies. They prepare and align the communication channels, negotiate contracts, and ensure that operations adhere to budgets.
Public relations manager: Public relations managers strive to convey and maintain a desired image or reputation of a company, individual, governmental institution, or organisation in general to the public and stakeholders at large. They use all sorts of media and events to promote the positive image of products, humanitarian causes or organisations. They attempt to ensure that all public communications portray clients the way they want to be perceived.
References
- Make price recommendations – ESCO
