Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS

CHOICE 2 SEGMENTS: LOW DEMAND PERIOD SEGMENT / SEASONAL SLOW TIMES FOR THE COMPANY

CHOICE 3 COMPONENT: CHANGE THE BENEFIT PACKAGE

No. SIC Year Notes
1 2600 1990 To keep US sales growing in tough times, Filofax is rolling out two "budget" models–the $55 "Lincoln" and the $100 "Sherwood."
2 7011 2001 Starwood's W hotels saw occupancy rates in September 2001 plunge 20 to 25 percentage points from its level in the high 80s prior to September 11. About 30 days later, occupancy bounced back, climbing to 3 or 4 percentage points of year-earlier numbers. The company chopped weekend rates 25% to 30%.

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