Yeah, I wonder why it is always so hard to get biz not do the low price/discounts strategy all the time... I think that when one competitor starts it, they all feel they will lose market and that they can't afford the risk to not lower prices too. It's like a cycle that has no end and no winners, just like a dog running around his own tail. Being very realistic, innovation and creativity is for a few - the few great, valuable brands that stand out and keep doing good even during a recession.
Yeah, I wonder why it is always so hard to get biz not do the low price/discounts strategy all the time... I think that when one competitor starts it, they all feel they will lose market and that they can't afford the risk to not lower prices too. It's like a cycle that has no end and no winners, just like a dog running around his own tail.
ReplyDeleteBeing very realistic, innovation and creativity is for a few - the few great, valuable brands that stand out and keep doing good even during a recession.