Reduce Price to Improve Revenues and Margins
CHOICE 1 OBJECTIVE: REWARD CUSTOMERS
CHOICE 2 ISOLATE SEGMENTS WHO RECEIVE THE LOW PRICE: CUSTOMER COST SAVING SEGMENT
CHIOCE 3: USE A COMPONENT OF PRICE TO REDUCE THE LOW PRICE SPREAD:
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Customers who pay early Choice 3>>
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Customers who order through less-expensive channels Choice 3>>
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Customers who do some of the company’s work Choice 3>>
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Customers who use less resources in their regular purchases Choice 3>>
<<Return to Choice 2