17 Nov 2022 | 11:00 – 11:45 (SGT)
Maximise Your Sales by Using Revenue Management Techniques for the Wellness Industry
As Wellness businesses start to improve Post pandemic, explore ways where you can use the Revenue management techniques to drive Maximum Sales for your wellness business. Learn about Dynamic pricing and price fencing techniques to optimize pricing and product or service availability based on anticipating and predicting consumer behaviour and fluctuating market factors in order to achieve the best financial results. By correctly identifying customer segments to identify patterns that help predict consumer behaviour and increase value perception specific to these segments. You can learn to use revenue management to sell the right product to the right customer at the right time for the right price. And at the maximise price they are willing to pay. When successfully implemented, revenue management will optimize intake, minimize downtime, increase revenue, and keep your appointment book filled and your staff happy.
Programme Chair, Diploma in Wellness and Hospitality Business
Republic Polytechnic, Singapore