Reduce Price to Improve Revenues and Margins
CHOICE 2: ISOLATE SEGMENTS RECEIVING THE LOW PRICE
C. Competitive Supplier Segments
Public Relations Segment
No. | SIC | Year | Notes |
1 | 2834 | 2007 | In the U.S., Genentech capped the price of its cancer drug Avastin at $55,000 annually. Patients often stay on the drug for long time. The drug has healthy margins which allows the company to cut costs for the patients. |
2 | 3711 | 1990 | BMW is sending certificates to last year's buyers, good for half the price cut now, to customers who bought those cars between Jan 1988 and September 1989. |
3 | 4512 | 2005 | Independence Air's fare, $79 one way or $100 with all the taxes from the Bay Area to Dulles was irresistible. And it made a startling promise to customers: "If your checked bag doesn't arrive at your final destination when you do, your flight is on us." |
4 | 5541 | 1990 | Since the invasion of Kuwait 11 weeks ago, the price of gasoline at the pump hasn't risen as fast as the price paid to refiners. Because big companies are heeding Pres. Bush's warning to restrain prices. Hold sensitive prices down. |
5 | 8221 | 1995 | George Washington University gives more than half its 5500 full-time students discounts in the form of cash grants; just 5 years ago, only one in 7 received grants. |
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