Bargain Quote by Conrad Hilton
“The buyer is entitled to a bargain. The seller is entitled to a profit. So there is a fine margin in between where the price is right. I have found this to be true to this day whether dealing in paper hats, winter underwear or hotels.”
About This Quote
Source Quote: Unknown source, possibly business anecdote
Business transactions balance buyer’s desire for low cost with seller’s need for profit, creating a narrow fair‑price zone.
In simple terms: Buyers want cheap, sellers want profit; a middle price works.
Seek mutually beneficial pricing.
Themes
Mood
Type
When to use this quote
- retail
- hospitality
- e‑commerce
- contracting
Key Concepts
Questions to Reflect On
- What factors determine a fair price for you?
- How can you protect margins in volatile markets?
Market conditions can shift the “right” price unpredictably.