Raise Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: RAISE PRICE, RAISE PERFORMANCE AND COST BY SMALLER AMOUNT

CHOICE 2 ISOLATE SEGMENTS: DUE TO UNIQUE FUNCTION

CHOICE 3 COMPONENT: ELIMINATE FORMS OF DISCOUNT

No. SIC Year Notes
1 2711 2009 Declining ad and print subscription revenue has prodded some media companies to rethink their strategies of offering all-free online content. Consumers have become conditioned through years of Web surfing to expect free news online, often through portals and search engines such as Google and Yahoo. Newscorp says it will likely charge fees for customers to read UK based papers The Times, The Sunday Times, The Sun and the News of the World online within the next 12 months.
2 3400 2007 Parker Hannifin Corp reformed its pricing structure by dividing its 800,000 individual parts according to categories. A items were high-volume commodities sold in a market with another competitor. Subsequent categories were determined by the level of specialization. A third of Parker's products were niche products. They faced limited competition or Parker offered a unique value, including faster delivery or higher quality. The prices on these products were increased an average of 5%. Many distributors complained of the price hikes but the company helped them explain the cost increases.
3 3711 2002 Detroit automakers have been forced to offer hefty rebates in a soft economy. They are striking back with stealthy jumps in sticker price. Once standard features such as antilock breaks and side-impact airbags are being added as options while new features such as special air filters and automatic headlamps come with a price tag.
4 3711 1990 Toyota is raising the base price of its 1991-model Lexus to $38,000, up 8.8% from the introductory price last fall. The 1991 has new features. Price low on entry and raise aggressively.
5 4522 2006 Fractional jet ownership programs and jet cards are mimicking the pricing policies of traditional airlines by offering cheaper hourly rates for the busiest routes and charging more for travel booked at the last minute.
6 4832 1997 Advertisers will pay higher rates for youth audiences, and they will also pay higher rates for females than for males.

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