Reduce Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: RETAIN CUSTOMERS

CHOICE 2 SEGMENTS: PUBLIC RELATIONS SEGMENT / REDRESS A FAILURE BY THE COMPANY

CHOICE 3 COMPONENT: SET A PRICE CAP

No. SIC Year Notes
1 4841 2006 As TiVo and DVR technology allow viewers to skip commercials, advertisers are increasingly concerned about whether their ads are actually being viewed. TV networks often offer minimum-audience guarantees for advertisers but as new Nielsen technology debuts that will rate commercial viewing, networks may follow the path of the Weather Channel and offer guarantees for advertising.
2 5411 2005 Many large supermarkets still employ a high-low pricing policy but have been narrowing the gap between everyday and promotional prices. Albertson's launched a program called "Check the Price" which reduced the everyday price of price-sensitive items customers buy frequently. They have since doubled the number of items which fall under the price cuts.

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