Pricing for Profit: Essential Pricing Strategies for Higher Net Margins
Wednesday, February 26 | 8:30 - 9:30 AM
LVCC - West 207
What It's About
Join industry experts as they dissect critical pricing strategies designed to maximize net profit margins for residential builders. Discover effective methods to understand and optimize your pricing structure, ensuring your building company not only survives but thrives. Learn to distinguish between markup and margin, implement strategic pricing that covers all operational costs, and identify opportunities for increasing net profit. This crucial discussion for builders will enhance your financial outcomes and secure a competitive edge in the market. THIS SESSION WILL BE OFFERED AGAIN ON WEDNESDAY, FEBRUARY 26, FROM 12:30-1:30 PM IN ROOM W204.
What You’ll Learn
- Understand the distinction between markup and margin, and how each impacts the financial health of a building company.
- Learn to set prices that not only cover costs but also strategically enhance net profit margins for sustainable business growth.
- Identify common pricing pitfalls and how to avoid them, ensuring competitive pricing that maximizes profitability.
- Implement key financial benchmarks for pricing, including ideal percentages for markup and margin that align with industry standards.
How to Attend
Participants must be registered for an Expo + Education pass. Seating for sessions will be on a first-come, first-served basis.
Speakers
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Arabic
Chinese
French
German
Italian
Japanese
Korean
Portuguese
Russian
Spanish