Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS

CHOICE 2 ISOLATE SEGMENTS: PRODUCT COST SAVINGS SEGMENT

CHOICE 3 COMPONENT: EXTEND A DISCOUNT IN KIND

No. SIC Year Notes
1 4812 1997 PrimeCo started offering 500 minutes of wireless calling for a mere $55. Previously, one customer used to pay $350 a month for 200-250 minutes.
2 4812 2002 By offering more free time for calls, AT&T Wireless cut per-minute prices on one plan 33%, while Verizon Wireless cut one rate plan 29%.
3 5995 1989 Many big eyewear chains have introduced one-hour service, have cut-rate prices and "two-for-one" promotions. Many of the chains now also have in-store optometrists, or arrangements w/ doctors next door.

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