Raise Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: RAISE PRICE, RAISE PERFORMANCE AND COST BY SMALLER AMOUNT

CHOICE 2 ISOLATE SEGMENTS: CUSTOMER SEGMENTS WHO REQUIRE A SPECIFIC PRODUCT SYSTEM COMPONENT

CHOICE 3 COMPONENT: CHANGE THE LIST PRICE

No. SIC Year Notes
1 3724 1996 Jet engine market had been split between two main products. Engines were sold cheaply, then spare parts produced the profits. Profits from spare parts are now decreasing.
2 4512 2008 Virgin America is revamping its frequent flier program. Virgin America says it can raise the conversion rate for points to pay fares at peak travel periods, or lower it on flights that aren't selling well. Thus reward sets are available without any capacity restriction or blackout dates.

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