Depending on the business model, some of which have Margins less than 10%, you could never make up dropping Your prices 10%, you'd be losing money on every sale. It all depends on how much you have already trimmed Your margins down.
Pricing and competion is complex interaction, there Are no simple rules to success in good times or bad. Pricing is more determined by who operates their fundamental Business better/more efficently, you or your competition? J.C. O'Connell ( mailto:[email protected] ) -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of William Robb Sent: Thursday, June 04, 2009 11:27 AM To: Pentax-Discuss Mail List Subject: Re: UK guys, beware (price hike) ----- Original Message ----- From: "David J Brooks" Subject: Re: UK guys, beware (price hike) >I did not do that well in my grade 12 economics's class(but i did pass > it) but wouldn't it make more sense in hard times, to lower the prices >a bit, to drive sales, then bump them back up when things get >better.?? -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
