Reduce Price to Improve Revenues and Margins
CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS
CHOICE 2 ISOLATE SEGMENTS WHO RECEIVE THE LOW PRICE: PERFORMANCE LIMITATION SEGMENT
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A relatively little known brand Choice 3>>
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A brand with Performance (i.e., Function, Reliability and Convenience) at the lower end of the brand category Choice 3>>
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Unpopular products Choice 3>>
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Old styles or products Choice 3>>
<<Return to Choice 2