Reduce Price to Improve Revenues and Margins
To reduce prices effectively, the company makes three sequential choices:
CHOICE 1: Select the objective of the price reduction | |
CHOICE 2: Isolate segments receiving the low price | |
CHOICE 3: Use the components of price to further limit the spread of the lower price |
For a complete explanation of this process, or details of these steps, please review the Directions to Reduce Price to Improve Revenues and Margins.
CHOICE 1: SELECT THE OBJECTIVE OF THE PRICE REDUCTION
Basic Strategy Guide Users Go To Step 24
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