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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- appraise historical documents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
- issue sales quotations for repairs or maintenance
- make price recommendations
- manage logistics pricing systems
- monitor artwork market
- perform asset depreciation
- perform stock valuation
- set prices of menu items
- set up pricing strategies
- 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

price product

skills

information skills

calculating and estimating

determining values of goods or services

price product

Description

Description

Set competitive prices and adjust the pricing to increase sales and clear out stagnant items from shop inventory.

Alternative Labels

price a product

price commodity

price goods

price merchandise

price products

price stock

pricing products

Skill type

skill

Skill reusability level

sector specific skills and competences

Relationships

Broader concepts

Narrower skills

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Concept URI

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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 v1.1.2 (Last update 22/02/2024)