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RE: Low prices and Sales Volume, High prices and Profit Margin; Which Business Concept is better for Business?

in Project HOPE4 years ago

Hi @ojerinde

Definitely at the beginning of this publication you establish an example between Mercedes and Walmart,

one sells at high prices and the other at low prices.

Each one has its target and that is the basis of a great difference in the business with respect to sales volume.

So I think that in order to make a comparison in terms of sales volume and profit, two companies from the same industry can be placed. and at that time we can study a use case.

I think that each one sells according to what it does. and that will determine your profit.

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You are correct though @lanzjoseg, at the end of the day different companies have different targets.

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