Reduce Price to Improve Revenues and Margins
CHOICE 1: SELECT THE OBJECTIVE OF THE PRICE REDUCTION
2. Retain Customers
Match competitive prices
No. | SIC | Year | Notes |
1 | 2834 | 2008 | Britain's state-run health service agreed to pay for the lung-cancer drug Tarceva after the maker, Roche Holding, matched the price of an older, less-expensive drug. Initially it was too expensive to be made available to patients. Tarceva worked out to be |
2 | 3571 | 2001 | Dell Computer, which rocketed to the top of the PC market with its custom made PCs, is expected to unveil a prebuilt PC designed to compete with off-the-shelf models sold in retail stores. |
3 | 4813 | 1993 | With MCI's new discount collect-calling service attracting customers, AT&T began pushing a rival service at the same price. AT&T holds 75% of collect call market; MCI holds about 5% to 7%. Sprint and others hold the rest. |
4 | 5942 | 2000 | There is little to differentiate books so Amazon and Bn.com had to compete on price, which means online books sell for as much as 30% less than those on store shelves. |
5 | 7513 | 1991 | U-Haul cut prices, gaining market share from Ryder. Ryder plans to fight back with price discounts of up to 30% in some markets. |
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