James Surowiecki quoteJames Surowiecki [1967-0]
American Journalist Quote rank: 412
In industries where a lot of competitors are selling the same product - mangoes, gasoline, DVD players - price is the easiest way to distinguish yourself. The hope is that if you cut prices enough you can increase your market share, and even your profits. But this works only if your competitors won't, or can't, follow suit. |
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