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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