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RE: Low prices and Sales Volume, High prices and Profit Margin; Which Business Concept is better for Business?
Hi @ojerinde
The business concept for me personally prefers "Low Prices and Sales Volume that high, when compared to high prices but the sales are few".
You have a good point but this is not for products like Dom Pérignon Rose Gold (Mathusalem, 6 Liter) 1996, currently sold at about $50,000.
I will like to hear other people's opinion.