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Skills & competences

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K - knowledge
L - language skills and knowledge
S - skills
S1 - communication, collaboration and creativity
S2 - information skills
S2.0 - information skills
S2.1 - conducting studies, investigations and examinations
S2.2 - documenting and recording information
S2.3 - managing information
S2.4 - processing information
S2.5 - measuring physical properties
S2.6 - calculating and estimating
S2.6.0 - calculating and estimating
S2.6.1 - performing calculations
S2.6.2 - determining values of goods or services
- adjust fuel prices in line with company procedures
- appraise gemstones
- appraise historical documents
- assess seizable goods
- assign taxi fares
- check prices on the menu
- compile drinks price lists
- determine charges for customer services
- determine marketability of second-hand goods
- determine resale value of items
- ensure price competitiveness
- estimate value of clocks
- estimate value of musical instruments
- estimate value of used goods
- estimate value of used jewellery and watches
- evaluate library materials
- examine cost of antiquarian goods
- identify gemstones
- issue sales quotations for repairs or maintenance
- make price recommendations
- manage logistics pricing systems
- monitor artwork market
- perform asset depreciation
- perform stock valuation
- price product
- set prices of menu items
- spot valuable items
- study prices of wood products
S2.6.3 - estimating resource needs
S2.7 - analysing and evaluating information and data
S2.8 - monitoring, inspecting and testing
S2.9 - monitoring developments in area of expertise
S3 - assisting and caring
S4 - management skills
S5 - working with computers
S6 - handling and moving
S7 - constructing
S8 - working with machinery and specialised equipment
T - transversal skills and competences

set up pricing strategies

skills

information skills

calculating and estimating

determining values of goods or services

set up pricing strategies

Description

Description

Apply methods used for setting product value taking into consideration market conditions, competitor actions, input costs, and others.

Alternative Labels

arrange pricing strategies

assemble pricing strategies

construct pricing strategies

erect pricing strategies

setting up a pricing strategy

setting up pricing strategies

set up a pricing strategy

set up pricing strategies

Skill type

skill

Skill reusability level

sector specific skills and competences

Relationships

Broader concepts

Narrower skills

Essential for

Optional for

Optional Knowledge

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ESCO is a Europe 2020 initiative.

DG Employment, Social Affairs and Inclusion of the European Commission developed ESCO in collaboration with stakeholders and with the European Centre for the Development of Vocational Training (Cedefop).

CONTACT ESCO
Current version: ESCO v1.1.1 (Last update 26/09/2022)