Reduce Price to Improve Revenues and Margins
CHOICE 1 OBJECTIVE: RETAIN CUSTOMERS
CHOICE 2 ISOLATE SEGMENTS WHO RECEIVE THE LOW PRICE: PUBLIC RELATIONS SEGMENT
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Soften the impact of a price change Choice 3>>
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Improve the company’s image Choice 3>>
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Avoid public or government action against the company Choice 3>>
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Redress a failure by the company Choice 3>>
<<Return to Choice 2