As a business owner which strategy would you consider using for your business, would you rather sell your products at a cheaper price, therefore having more sales and customers or would you sell your products at a higher price but having less sales and customers? Which is better and why?
Which strategy would you consider as the best?
- Thread starter eldavis
- Start date
When there is a ready market that can buy out stock very quick, I would rather sell at a reduced price and sell out in two days to restock again than drag it till 4 days because of a higher profit margin.
