Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: RETAIN CUSTOMERS

CHOICE 2 ISOLATE SEGMENTS WHO RECEIVE THE LOW PRICE: LOW DEMAND PERIOD SEGMENT

CHIOCE 3: USE A COMPONENT OF PRICE TO REDUCE THE LOW PRICE SPREAD:

For a complete explanation of this process, or details of these steps, please review the Directions to Reduce Price to Improve Revenues and Margins.

  1. Change the Benefit Package Examples>>

  2. Change the Basis of Charge (No examples)

  3. Change the List Price Examples>>

  4. Change the Optional Components of Price (No examples)

<<Return to Choice 2

<<Directions to Reduce Price