Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: ATTRACT CUSTOMERS

CHOICE 2 SEGMENTS: TARGETED COMPETITOR SEGMENT / PRICE LEADER PRICE AGAINST STANDARD LEADER

CHOICE 3 COMPONENT: OFFER A TRADE-IN ALLOWANCE

No. SIC Year Notes
1 7372 1988 After Lotus announcement, Borland announced a brief promotion to sell Quattro for $99.95 (2/3 the normal discount price) to anyone who mails in a cover from a Lotus 1-2-3 manual.
2 7372 1991 In 1989, Borland began pushing competitive upgrades–discounts for people who switch from a competitor's product.
3 7372 1994 Borland was first big software supplier to offer competitive "upgrades" at discount prices. If you owned a competitor's spreadsheet, you could buy Borland's latest version at 1/20 of the list price. Became an industry standard.

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