Reduce Price to Improve Revenues and Margins
CHOICE 1: SELECT THE OBJECTIVE OF THE PRICE REDUCTION
1. Attract Customers
Improve share of customer's purchases
No. | SIC | Year | Notes |
1 | 3571 | 2002 | Hewlett-Packard will retain its market share leadership by bundling PCs with other products and services for companies, by competing on price, and by innovating for consumers. |
2 | 4813 | 2004 | Verizon began selling consumers a package of DSL and pay-TV through an alliance with satellite broadcaster DirecTV. Both local Bells and cable firms view these bundled service plans as a key tool to hold onto customers. |
3 | 5411 | 1991 | Safeway has a Hot Buy guarantee. If you find a lower advertised price on any HOT BUY item this week, let Safeway know and they'll match that price. Item must be the same Size, Brand and Quality. |
4 | 5912 | 2001 | Merck-Medco, a pharmacy-benefit manager, is offering a drug discount program with Reader's Digest to seniors called Your Plan. Seniors who pay a $25 initiation fee can receive discounts on all drugs. |
5 | 8742 | 2009 | Powerfeedback is providing free research reports, and giving away three hours of consulting services to both prospective and current customers in order to boost revenue, which has surged 26% in the past 3 months. |
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