Quote:
Originally posted by lil2rich4u2
bdjuff, slashing your price 90% just to steal deals is NOT the point of competition.
he isnt even doing it for the money, since he wont make any. He is doing it for the sole purpose of throwing a dagger in the back of every designer who breaks his ass out here trying to find business.
THAT is why i wont encourage this.
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You should really tell this to such companies like Wallmart. I am sure the board will hire you on the spot. Lilrich it is what business's do all the damn time. Often they will sell shit at a loss just to fuck with competition or gain market share.
Case in point whenever a Wallmart opens in a new city, they will drop the prices prior to opening and operate that store at a loss for several months to a year or more. They do this to drive out current competition and gain market share in that area. Our local Wallmart is getting ready to add the grocery and gas options with their expansion. They will be starting out at below market price on everything they can legally do (milk, cigs, some other dairy the exception) and to top it off become a 24hr store unlike there current 7-9 hours.
The do this to kill off local competition. It starts when the choose a location and doesnt stop until they have the majority of the marketshare.