Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS

CHOICE 2 SEGMENTS: PRODUCT COST SAVINGS SEGMENT / MANUFACTURING BUSINESS FUNCTIONAL COSTS / CREATE COST

CHOICE 3 COMPONENT: CHANGE THE BENEFIT PACKAGE

No. SIC Year Notes
1 2834 1988 Big drug makers beginning to sell generic drugs. "As generics come of age and play an increasing role in the marketplace, there's always an opportunity of becoming the leading generic against your own brand."
2 4833 1986 Networks are offering advertising at a lower price point: for the first time, all three networks are accepting 15-second commercials to attract companies that otherwise could not afford the steep price of network advertising.

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