Reduce Price to Improve Revenues and Margins
CHOICE 2: ISOLATE SEGMENTS RECEIVING THE LOW PRICE
B. Margin Building Segments
Low Demand Period Segment
No. | SIC | Year | Notes |
1 | 2600 | 1990 | To keep US sales growing in tough times, Filofax is rolling out two "budget" models–the $55 "Lincoln" and the $100 "Sherwood." |
2 | 3711 | 2001 | General Motors Corp.'s decision to keep its factories running and to fire up a massive sales blitz, featuring 0% financing for the next five years is widely credited with helping the U.S. economy avert a deeper slump following to the September 11 attacks. |
3 | 4522 | 2006 | In response to increasing demand, companies which offer fractional ownership of private jets are offering incentives to reduce the risk of overbooking. Flexjet is offering discounts up to 25% for flying on off-peak days. |
4 | 5611 | 2009 | In March, apparel retailer Jos. A. Bank Clothiers Inc. offered to refund as much as $199 of a suit's price and allow customers to keep it if they are laid off through early summer. |
5 | 7941 | 2003 | At Fox Valley Club, new members put down $1,000 a year for four years and are then freed from the rest of the $8,000 initiation fee. The club says it has signed up about 60 members in the past couple months. |
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