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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (10609)7/24/2002 8:16:37 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
the airline industry is pretty amazing to me. And actually similar in concept. If one competitor lowers prices, the others have to as well or else they lose market share. But now they start operating for a loss.

I believe that the only way out of this is for people/businesses to stop doing stuff for free. If you can't charge a fair price that allows some profit, than obviously the service or product you have isn't really worth what you may think. (that would be the royal "you").