The Revenue Management Levers
Whereas yield management involves specific actions to generate yield through perishable inventory management, Revenue Management encompasses a wide range of opportunities to increase revenue. A company can utilize these different categories like a series of levers in the sense that all are usually available, but only one or two may drive revenue in a given situation. The primary levers are:
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Famous quotes containing the words revenue, management and/or levers:
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—Bible: Hebrew, Proverbs 3:13-18.
“People have described me as a “management bishop” but I say to my critics, “Jesus was a management expert too.””
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“Peter the Hermit, Calvin, and Robespierre, sons of the same soil, at intervals of three centuries were, in a political sense, the levers of Archimedes. Each in turn was an embodied idea finding its fulcrum in the interests of man.”
—Honoré De Balzac (1799–1850)