Raise Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: RAISE PRICE, REDUCE PERFORMANCE AND ITS COST

CHOICE 2 ISOLATE SEGMENTS: DUE TO A UNIQUE CONVENIENCE

CHOICE 3: USE THE COMPONENTS OF PRICE TO FURTHER CONTROL THE EXTENT OF THE HIGHER PRICE

For a complete explanation of this process, or details of these steps, please review the Directions to Raise Price to Improve Revenues and Margins.

1. Change the Benefit Package Examples>>

2. Change the Basis of Charge Examples>>

3. Change the List Price Examples>>

4. Change the Optional Components of Price:

   • Add an extra fee on top of variable charge Examples>>

   • Shorten the normal payment term Examples>>

   • Set or raise minimum purchase requirements Examples>>

   • Eliminate forms of discount Examples>>

   • Set limits on usage of the product Examples>>

<<Return to Choice 2

<<Directions to Raise Price