Reduce Price to Improve Revenues and Margins
CHOICE 2: ISOLATE SEGMENTS RECEIVING THE LOW PRICE
C. Competitor Supplier Segment
Occasion Segment
No. | SIC | Year | Notes |
1 | 2840 | 1992 | In forward buying, supermarkets pounce on special wholesale deals & stock up on far more merchandise than they plan to sell during the promotion. Later, they get a wider margin by selling goods at reg. price. Or they sell it to other retailers. |
2 | 3577 | 2005 | Trying to stoke sales of it $199 PictureMate photo printer, Epson launched a promotion featuring a $50 rebate off the product. It teamed with camera maker Nikon to offer an additional $100 off if a consumer bought a Nikon digital camera at the same time. |
3 | 5999 | 2004 | At Restoration Hardware, which has done little discounting so far, customers will get 20% off their entire purchase on Dec. 5 and 6. |
4 | 6020 | 2001 | Charter One has reduced fees for regular check bouncers in order to retain these customers who may someday be more dependable or affluent. The bank feels that these customers are not deadbeats but young adults learning to manage their money. |
5 | 7900 | 2009 | Northstar at Tahoe offered $40 Earth Day's two-pack, which saved the skier $118. This pass allowed the skier to ski on April 18 & 19 only for the price of $40 per day. $5 of each pak will go towards a Green Tag purchase to offset carbon emissions. |
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