Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: REWARD CUSTOMERS

CHOICE 2 ISOLATE SEGMENTS: CUSTOMER COST SAVING SEGMENT

CHOICE 3 COMPONENT: PROVIDE A FREE OR HEAVILY DISCOUNTED PRODUCT FROM A THIRD PARTY

No. SIC Year Notes
1 5900 2006 While many retailers cut free shipping offers or made them subject to restrictions, Gap Inc offered free shipping vouchers to anyone who registered their email address with the retailer before Thanksgiving. Vermont Teddy Bear offered a similar program.
2 6321 2006 South African insurer Discover Health offers discounts on travel and entertainment to members who take part in its Vitality program. Gym memberships are free after a one-time sign-up fee for people who go at least 24 times a year. Each visit translates into 150 points while a full checkup can result in thousands of points.
3 6321 2006 Humana is attracting seniors to its Medicare programs with promotions through Wal-Mart Stores. Humana offers free canvas tote bags to customers willing to talk to a sales agent.

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