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 FUNCTION

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
    (no examples)

  4. Change the Optional Components of Price:

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

    • Set limits on the usage of the product Examples>>

<<Return to Choice 2

<<Directions to Raise Price