Reduce Price to Improve Revenues and Margins
CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS
CHOICE 2 ISOLATE SEGMENTS: VOLUME PURCHASED SEGMENT
CHOICE 3 COMPONENT: CHANGE THE BASIS OF CHARGE
No. | SIC | Year | Notes |
1 | 2000 | 2008 | Nestle, has instigated "nuclear" pricing actions to the detriment of profitability in the category. This refers to Nestle's 10 frozen meals for $10 promotions. |
2 | 2082 | 1991 | Price Leader brews are often packaged in large quantities such as 12-packs and cases for volume drinkers. |
3 | 2111 | 1992 | Philip Morris is trying to increase sales by offering five-pack cartons of Marlboros, an industry first. |
4 | 2393 | 1986 | Instead of cutting prices when sales of cosmetics organizers began to fall off, Pretty Neat bundled a new version with the old one, advertised savings on the two, and they sold like crazy. |
5 | 2721 | 1989 | To keep circulation up, Time has been pushing short-term subscriptions. The reason has to do with direct-mail marketing, where low price is more important than value. 22-week subscription at $17.39 easier sell than a full year subscription. |
6 | 3571 | 2002 | Hewlett-Packard will retain its market share leadership by bundling PCs with other products and services for companies, by competing on price, and by innovating for consumers. |
7 | 3711 | 1992 | Ford has a "one-price" marketing strategy for its new Escort models. It's offering 4 moderately equipped versions of its Escort–a station wagon, sedan, and 3-door and 5-door hatchbacks for $9,999, several hundred dollars lower than previous models. |
8 | 3861 | 1998 | By cutting prices as much as 50% on multiple-roll film packs, selling 4 rolls for $4.99 at K-Mart, Fuji surprised Kodak's CEO and helped stall the turnaround the CEO launched in 1993. |
9 | 4011 | 1997 | Deutsche Bahn (a railroad) introduced BahnCard. It costs $300/year, and earns customers a 50% discount on each trip. (Volume and profits up.) |
10 | 4724 | 2001 | Expedia Inc. is offering package deals that combine cheap hotel rooms and other services with discount air tickets. Packaged online vacations typically have fixed prices and are supplied by third-party firms. |
11 | 4812 | 2002 | Subscribers in family plans share a bucket of minutes but have separate cell phone numbers. Most family plans have two people, but they can include four or five. |
12 | 4833 | 1989 | NBC changes its affiliate compensation structure to tie 50% of that compensation to the size of the lead-in audience (4 to 8pm non-network programming) the affiliate brings in to the prime time period (8 to 11pm). |
13 | 4899 | 2002 | United is selling two broadband packages, one includes unlimited dial-up service for $44.90 a month and the other is with 10 free hours of dial-up service for $39.95 a month. |
14 | 5735 | 2002 | Virgin, working with music labels, this month is offering three CDs for $25, from a selection of about 600 older titles. |
15 | 5812 | 1991 | McD's hiked prices faster than inflation through the second half of the 1980s. Current CEO's first big move has been to reverse high pricing with a new "value menu." |
16 | 6211 | 2004 | Schwab was already offering the $9.95 rate to active traders using its CT trading platform. Schwab is also cutting the fee for making an automated trade by phone to $29.95 per trade for up to 1,000 shares, plus 3 cents for each additional share. The curre |
17 | 6552 | 2006 | Destination clubs allow members to stay in a luxurious home with less financial investment and responsibility. They provide the right to vacation at the various homes and condos. 2000 Exclusive Resorts members share access to 300 homes at 40 resorts world |
18 | 7372 | 2000 | The ideal customer of an ASP (application service provider) is a company that lives without company specific modifications. Usually, these are small companies. |
19 | 7996 | 2004 | As part of an ongoing program, a group of five rival attractions in California, including Disneyland and Knott's Berry Farm, have teamed up to let a company called City Pass sell joint passes that amount to a steep discount off the usual asking prices. |
20 | 8000 | 1987 | Dentists working for group practice Consumer Dental Offices agree to charge about 40% less than typical rates for their services in return for more patients. |
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