Reduce Price to Improve Revenues and Margins
CHOICE 3: USE COMPONENTS OF PRICE TO FURTHER LIMIT THE SPREAD OF THE LOWER PRICE
D. Change the Optional Components of Price
Extend a discount in kind
No. | SIC | Year | Notes |
1 | 3571 | 1989 | To volume purchasers, Apple will give away one computer for free w/ orders of multiple systems ranging from 4 to 11 computers. Only good for certain computers. |
2 | 4812 | 2002 | By offering more free time for calls, AT&T Wireless cut per-minute prices on one plan 33%, while Verizon Wireless cut one rate plan 29%. |
3 | 5995 | 1989 | Many big eyewear chains have introduced one-hour service, have cut-rate prices and "two-for-one" promotions. Many of the chains now also have in-store optometrists, or arrangements w/ doctors next door. |
4 | 6141 | 2009 | Some credit cards give more points or a higher percentage of cash back for certain types of purchases, like gas or groceries. Others offer incentives for buying certain products at specific times of the year, like home improvement shopping in the spring. |
5 | 7841 | 2005 | Blockbuster Online is trying to get Netflix customers by offering them two free months of service, a free retail DVD of their choice, and the chance to keep paying their current rate for a year. |
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