Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS

CHOICE 2 SEGMENTS: LOSS LEADER SEGMENT / A LOW PRICED PRODUCT TO CREATE MARKET AWARENESS

CHOICE 3 COMPONENT: OFFER A COUPON

No. SIC Year Notes
1 5331 1989 W/ competition from Sears, Kmart is repositioning itself as a low-price store. It even tried doubling the value of manufacturers' coupons in a one-day test to see if it could attract more customers.

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