Raise Price to Improve Revenues and Margins
CHOICE 1 OBJECTIVE: RAISE PRICE, RAISE PERFORMANCE AND COST BY SMALLER AMOUNT
CHOICE 2 ISOLATE SEGMENTS: CUSTOMER SEGMENTS WHO PURCHASE PRODUCTS WITH HIGHER COST COMPONENTS
CHOICE 3 COMPONENT: CHANGE MAIN PRODUCT/REDUCED RESOURCES REQUIRED/DEMANDS ON HEALTH
No. | SIC | Year | Notes |
1 | 191 | 2001 | Organic products typically cost about 20% to 30% more than other food. |
2 | 200 | 1987 | Cattle ranchers raising animals with as little as 12% body fat, about 1/3 less than usual. Excel, a Wichita packer, began paying ranchers $2 more per hundredweight for low-fat animals. |
3 | 2011 | 1986 | Shoppers can expect to find more premium-priced beef from the lean breeds. Lean meat from exotic cattle costs 25% to 50% above regular beef. |
4 | 3711 | 1991 | GM will raise base prices about 11% on some key compact cars, as it adds features like anti-lock brakes. |
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