Session 1 - Pricing Evolution and Objectives
- Telecoms Pricing Past: Politics
- Telecoms Pricing Present: Regulation
- Pricing Regulation: why regulators are involved and what they do
- A regulator’s approach: cost based pricing and price caps
- Telecoms Pricing Future: Customers & profit
- Quantitative Objectives (i): Revenues, Cash Flow, Customer Acquisition, Market Share
- Quantitative Objectives (ii) Profit, Return on Investment, Shareholder Value
- Qualitative Objectives: customer loyalty and lifetime value
Session 2 - Influences on Pricing Strategy
- Willingness to pay: stated preference and revealed preference
- Price Elasticity of Demand
- Ramsey Pricing: maximising profits through bundling
- Next Generation Networks: how they affect the economics of pricing
Session 3 - Pricing Options and Strategies
- Price leading and price taking strategies
- Cost-based and value-based pricing mechanisms
- Differentiated pricing for market segments: premium, economy and customised pricing
- Pricing and the lifecycle: skimming, penetration, promotional pricing, price increases and decreases
Session 4 - Bundling Strategies
- The economics of bundling
- Why bundle products?
- Indivisible bundles
- Optional bundling
- Value added bundling
- Bundling and regulation: potential for anti-competitive behaviour
Session 5 - Billing Options
- Who values the communication most: calling party or receiving party?
- Using time period and flat rate billing to maximise profit
- Using time of day gradients to maximise profits
- Destination-sensitive pricing: is it relevant in an NGN environment?
- On-net and off-net billing