Pricing of Merchandise 

This Pricing of Merchandise unit standard offers essential skills and knowledge required to price merchandise accurately and efficiently, ensuring compliance with operational and statutory requirements while contributing to smooth sales operations.

This course is ideal for:

  • Sales assistants and pricing clerks in agricultural and retail environments.
  • Individuals seeking to develop pricing and data management competencies.
  • Retail employees aiming for supervisory roles in agri-trade environments.
  • Agribusiness owners and entrepreneurs managing merchandise pricing.

Course price from

R863.00 incl. VAT

Start date

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Course duration

1 Day

Course language

English

NQF level

2

Credits

3

Entry level

NQF Level 1 qualification (or equivalent)

Course ID

8138
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Course Info
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Completing this course will enable you to:

Upon completing this course, participants will be able to:

  • Prepare work areas and select appropriate equipment for merchandise pricing.
  • Apply correct price labels according to organizational and statutory requirements.
  • Identify and report price deviations accurately.
  • Handle pricing data using relevant computer systems.
  • Restore work areas and store equipment after pricing tasks.
  • Comply with safety and statutory regulations during the pricing process.

Entry Requirements:

  • NQF Level 1 qualification (or equivalent) in literacy, numeracy, and communication.
  • Basic computer skills to input and extract pricing data.
  • Prior understanding of customer and supplier relationships is beneficial but not required.

Course Outcomes

1. Merchandise Pricing Preparation

  • Prepare the work area according to operational procedures.
  • Select and operate appropriate pricing equipment.
  • Comply with statutory requirements, including the Hazardous Substances Act and the Weapons and Ammunitions Act.

2. Pricing & Labelling Procedures

  • Determine the correct sequence of pricing operations.
  • Apply price labels accurately and ensure consistency with listed prices.
  • Identify, record, and report pricing deviations according to worksite procedures.

3. Workplace Safety & Compliance

  • Adhere to safety and hygiene standards during pricing operations.
  • Implement loss control principles to prevent pricing errors and stock losses.
  • Restore the work area and store equipment after completing pricing tasks.

4. Data Management & Reporting

  • Utilize computer systems to extract pricing information and generate price labels.
  • Maintain accurate records and communicate deviations to relevant stakeholders.
  • Ensure proper documentation to support loss control and compliance.

Course Conditions

Pricing is exclusive of Travel Accommodation, Meals and PPE
Pricing is Inclusive of Training Material, Facilitation, Assessment and Certification
Pricing is based on training implemented at KT Academy in Mbombela
Pricing is based on group sizes of 5 + learners in a group
Discounts apply for large groups
Accommodation and meals available on request at additional rate
Special Pricing may apply for Public Training Dates

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Course Curriculum

Fundamental Modules

FM-01: Merchandise Pricing Preparation (Level 2, 1 Credit)

  • Prepare work areas and select appropriate equipment.
  • Comply with safety regulations and organizational procedures.

FM-02: Pricing & Labelling Procedures (Level 2, 1 Credit)

  • Apply correct price labels and ensure accuracy.
  • Identify deviations and implement corrective actions.

FM-03: Data Management & Compliance (Level 2, 1 Credit)

  • Use computer systems for pricing data management.
  • Report deviations and maintain proper documentation.

Assessment & Certification

Formative Assessments:

  • On-the-job practical evaluations in merchandise pricing.
  • Written assessments and case studies on pricing principles.
  • Workplace-based projects assessing real-world pricing applications.

Summative Assessment:

  • Final practical and theoretical examination on merchandise pricing processes.
  • Demonstration of competency in applying price labels, managing pricing data, and restoring work areas.

Certification:

  • Successful learners will receive a Statement of Results for completing the unit standard “Pricing of Merchandise” (NQF Level 2, SAQA US ID 8138), accredited by AgriSETA.
  • This certification qualifies learners for employment in agricultural sales operations, retail trade, and pricing management environments.

Why choose our Wholesale & Retail courses?

  • Low-pressure lesson environment.
  • Structured modular lessons.
  • We focus on both theory and practical knowledge.
  • Fully-accredited, experienced instructors.

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