Seminar/ Training on Product Costing and Pricing 1 Seminar/ Training on Product Costing and Pricing 2

Seminar/ Training on Product Costing and Pricing 3

The Department of Trade and Industry Isabela Provincial Office through the collaboration of its Negosyo Center in Santiago City with the City Government of Santiago and University of La Salette, Inc., a Seminar / Training on Product Costing and Pricing was conducted last September 20, 2019, at Balay ng Santiago, Centro East, Santiago City.

This is in preparation for the Tourism Expo during the InvesTOUR: Santiago City Tourism Week Celebration held at Robinsons Place Santiago last September 24-30, 2019.

Generally, this activity aims to enhance the level of awareness of the beneficiaries, thereby making them more self-reliant in running their own business. Specifically, it aims to understand the concepts of cost and importance of pricing a product, to learn the different pricing strategy and how to apply the concepts to decision making to ensure that their enterprise will generate profit.

With the help of Mr. Arnold Marcos, CPA – Instructor from the University of La Salette, Inc., the participants were able to know the different types of costs that should be covered and considered prior to pricing a product. In addition, he also discussed the appropriate strategy that they could use in arriving at suggested retail prices.

Mrs. Alona Lajola owner of Mama Emz Food Product was one of the MSME fifty (50) participants who attended the said training which was composed of existing MSMEs, SSF Beneficiaries, RIC members and potential clients. This activity was organized and facilitated by Ms. Isabel G. Sevilla – Junior Business Counselor of Santiago City, together with Mr. Carmelo E. Patricio Jr. – SSF Technical Assistant.

Source: DTI Santiago City