Reduce Price to Improve Revenues and Margins
CHOICE 3: USE COMPONENTS OF PRICE TO FURTHER LIMIT THE SPREAD OF THE LOWER PRICE
A. Change the Benefit Package
Change Function and Price together
No. | SIC | Year | Notes |
1 | 2731 | 1990 | Dover has an eclectic backlist of 4,000 titles on art, science, crafts, chess, music and architecture. Because some of these are in the public domain, they require no royalty payments – so Dover's books sell for 30% below comparable books elsewhere. |
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 | 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. |
4 | 5812 | 2009 | Restaurant chains are offering more aggressive promotional deals as they try to tempt diners in lean times. Starbucks is offering breakfast deals in which consumers can get an oatmeal and a latte or a breakfast sandwich and a coffee for $3.95. |
5 | 6321 | 1991 | A handful of companies have persuaded HMOs to charge on a fee-for-service basis, instead of taking the usual pre-paid fee that covers employees even if they do not need medical attention. The companies share the risk of financing medical costs. |
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