A shop in this situation should look closely at what makes it different before rushing to drop prices. Maybe the quality is better, the service is friendlier, or the location saves people time. If none of that is true, then the price might really need a second look. Cutting prices without a reason can also make buyers wonder if something is wrong. What do you think matters more when a shop costs more than the one next to it?
Ask What should a shop do when its prices feel too high compared to others nearby?
- Thread starter Meridian
- Start date
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