Raise Price to Improve Revenues and Margins
CHOICE 1 OBJECTIVE: PRICE THE SAME, REDUCE PERFORMANCE AND COST
CHOICE 2 ISOLATE SEGMENTS: DUE TO A UNIQUE CONVENIENCE
CHOICE 3 COMPONENT: CHANGE THE LIST PRICE
No. | SIC | Year | Notes |
1 | 6141 | 2009 | The cost for merchandise offered through credit card rewards programs is often higher than it would be at retail. A point is worth about a penny, so an item worth 25,000 points should be worth about $250. You can often earn the best return with a card that offers miles for a single airline or points toward a specific type of gas. Gift cards can also be a good option, because you'll often get a full penny per point when picking them. |
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