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A Race to the Bottom isn't Worth Winning | Ep. 444
Manage episode 406632716 series 3432244
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Ready for a business insight?
Recently stumbled upon this gem: "In a race to the bottom, be careful because you might just win."
How often do we dive into a price war thinking it's a strategy for growth?
Let's break down why winning the race to the bottom can be a dangerous game.
Whether you're battling competitors or tempted to lure customers with discounts, there's a strategic way out.
Let's avoid setting low price expectations and position your brand for the premium it deserves.
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