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2011-08-12
, 07:51
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Banned |
Posts: 974 |
Thanked: 622 times |
Joined on Oct 2010
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#12
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2011-08-12
, 08:44
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Posts: 549 |
Thanked: 698 times |
Joined on Apr 2010
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#13
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2011-08-12
, 09:07
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Posts: 4,384 |
Thanked: 5,524 times |
Joined on Jul 2007
@ ˙ǝɹǝɥʍou
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#14
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They cut prices to increase profitability that would be lost with too high prices.
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2011-08-12
, 10:41
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Posts: 738 |
Thanked: 983 times |
Joined on Apr 2010
@ London
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#15
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If you cut prices without cutting costs nor increasing the quantities sold, then it WILL negatively affect your profit. DUH.
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2011-08-12
, 11:10
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Posts: 291 |
Thanked: 398 times |
Joined on Jan 2011
@ USA
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#16
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2011-08-12
, 11:15
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Posts: 4,384 |
Thanked: 5,524 times |
Joined on Jul 2007
@ ˙ǝɹǝɥʍou
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#17
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note that there is often (yet not always) a negative correlation between price and quantities sold, all other thing beeing equal.
Notwithstanding the fact that other factors might impact quantities sold.
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2011-08-12
, 11:40
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Posts: 266 |
Thanked: 156 times |
Joined on Jun 2011
@ India
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#18
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2011-08-12
, 14:39
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Banned |
Posts: 974 |
Thanked: 622 times |
Joined on Oct 2010
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#19
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2011-08-12
, 14:50
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Banned |
Posts: 974 |
Thanked: 622 times |
Joined on Oct 2010
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#20
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Tags |
buysomethinelse, goodbye nokia |
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It could be expected that newcomers to the market are willing to sacrifice profits to get their product "out there" and help to rapidly establish a name for themselves, but old hands like Nokia usually only do so when they think they'll be in trouble if they don't. it doesn't help investor confidence either (Ballmer and Co might like it though)
Always remember you're unique, just like everyone else.