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Value-based pricing strategies
Titulaire(s) du cours
Koen TACKX (Coordonnateur) et Sandra ROTHENBERGERCrédits ECTS
5
Langue(s) d'enseignement
anglais
Contenu du cours
One might say pricing is an art, another may call it an exact science, and others see it as a psychological play. Whatever the perspective, its importance for a company can hardly be overstated—and it is likely to become even more crucial in the AI age. For many organizations, pricing is the most powerful lever of profitability: the point where strategy, customer perception, and financial performance converge. As Harvard Business School Professor Corey notes, “Pricing is the moment of truth – all of marketing comes to focus in the pricing decision.”
Yet despite its decisive role, pricing is often underestimated. Many companies lack the skills, tools, and governance to manage it effectively. Increasingly, pricing is becoming a central responsibility—whether as a dedicated role or embedded in general management, finance, marketing, and sales. For entrepreneurs, pricing can make or break the success of a start‑up. Over the last decade, the field has accelerated: dynamic pricing, consumption‑based models, AI‑driven optimisation, and more sophisticated buyers have reshaped the landscape.
At the heart of modern pricing lies a strategic triad that defines how organizations create, capture, and share value:
- Customer Value Creation — understanding why customers choose your solution, what superior value you deliver, and how that value evolves across the customer journey.
- Shareholder Capture — translating that value into sustainable profit through pricing levels, structures, and levers that reflect willingness‑to‑pay and competitive dynamics.
- Societal Sharing — ensuring pricing decisions align with broader responsibilities toward people and the planet, reinforcing trust, fairness, and long‑term legitimacy.
Impact Pricing: Balancing Customer Value, Financial Performance, and Societal Impact
In today’s interconnected world, businesses are evaluated not only on financial performance but also on their societal and environmental footprint. Impact pricing explores how pricing decisions can simultaneously drive profitability, support social responsibility, and reinforce environmental sustainability. Balancing these three pillars—customer value, financial performance, and societal impact—is challenging. Companies must navigate ethical considerations, societal expectations, and environmental constraints while remaining competitive. Through case studies and real‑world examples, participants will learn how to integrate sustainability principles into pricing decisions, enhance brand reputation, and create long‑term value for all stakeholders.
Objectifs (et/ou acquis d'apprentissages spécifiques)
The course combines the economic foundations of pricing, the behavioural realities of customer psychology, and the societal expectations shaping modern business. Participants will gain comprehensive exposure to managerial pricing decisions and learn how to design, evaluate, and implement pricing strategies with confidence. A central theme of the course is how pricing strategy and tactics can be used to guide both customers and companies toward more sustainable solutions. Pricing is one of the few managerial levers that can simultaneously shift consumer behaviour, fund corporate transition, and reinforce societal goals. By making sustainable options more attractive, accessible, and economically viable, pricing becomes a catalyst for aligning customer value creation, shareholder capture, and societal sharing in a coherent, future‑oriented strategy.
- To develop a deep understanding of how organizations create customer value, capture shareholder value, and share societal value through pricing decisions
- To analyze how pricing choices emerge from strategic positioning, competitive dynamics, customer psychology, and sustainability pressures
- To apply advanced pricing tools and frameworks in managerial, consultancy, and entrepreneurial environments
- To evaluate how pricing strategies influence customer behaviour, company performance, and broader societal outcomes
- To design pricing solutions that steer both consumers and firms toward more sustainable products, services, and business models
Pré-requis et Co-requis
Connaissances et compétences pré-requises ou co-requises
Course Marketing and/or Psychology
Microeconomics and/or Industrial Organization
Business or Managerial Economics
Basic Finance
English proficiency is essential
Méthodes d'enseignement et activités d'apprentissages
Extensive interaction during the year: preparation of cases, class discussions, group projects with presentations/discussions,...
Références, bibliographie et lectures recommandées
Will be communicated in the beginning of the semester
Support(s) de cours
- Syllabus
- Université virtuelle
Contribution au profil d'enseignement
Contribution to the Teaching Profile (Master en Ingénieur de Gestion)
LO 1.1 Integrate sustainable development into problem analysis
LO 1.2 Master and apply key economic and management concepts, frameworks and theories in a professional context to identify a business opportunity and create a relevant innovative solution for it
LO 1.3 Embed scientific and technological processes to formulate a business issue into a well-defined problem and propose a solution
LO 2.2 Display critical thinking and develop autonomous learning strategies and techniques
LO 4.1 Work and communicate effectively as part of a team in an international and multicultural environment
LO 4.2 Demonstrate a strong work ethic to foster a socially responsible behaviour in the workplace
Autres renseignements
Contacts
koen.tackx@ulb.be
Campus
Solbosch
Evaluation
Méthode(s) d'évaluation
- Travail pratique
- Projet
- Evaluation continue
- Examen oral
- Présentation orale
- Travail de groupe
Travail pratique
Projet
Evaluation continue
Examen oral
Présentation orale
Travail de groupe
Construction de la note (en ce compris, la pondération des notes partielles)
First Team Assignment (preparation + presentation): 4 points
Second Team Assignment (preparation + presentation): 10 points
Individual preparation of cases and class participation: 6 points
Language of Evaluation: English
The teacher reserves the right to call any student in for an additional oral interview in order to assess their individual understanding of the content of the submitted examination paper
Langue(s) d'évaluation
- anglais