--- title: "Meaning & Key Takeaway of: I raised my prices since there wasn't any…" description: "\"I raised my prices since there wasn't any competition it was just the smart thing to do. Why would I keep my prices up if their wasn't anyone to beat?\"..." image: "https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg" --- # I raised my prices since there wasn't any competition it… ![“I raised my prices since there wasn't any competition it was just the smart thing to do. Why would I keep my prices up if their wasn't anyone to beat?” quote by John D. Rockefeller](https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg) [Download](https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg) [Open image](https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg) > “I raised my prices since there wasn't any competition it was just the smart thing to do. Why would I keep my prices up if their wasn't anyone to beat?” [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker argues that raising prices when there is no competition is a rational strategy, implying that maintaining high prices is justified only when competition exists. **In simple terms:** Raise prices when there’s no competition; keep them high only if rivals exist. Key Takeaway Adjust pricing based on market competition. Themes pricing strategy competition market dynamics Mood analytical pragmatic Type advice strategic When to use this quote - business planning - product launch - market entry - price adjustments Key Concepts economics strategic pricing monopoly Questions to Reflect On - What signals indicate it’s time to lower prices? - How do you protect market share without price wars? A Different Perspective If competition re‑emerges, high prices may become unsustainable. ★ ★ ★ ★ ★ No ratings yet [Competition](https://sms4smile.com/quotes/about/competition/) [Smart](https://sms4smile.com/quotes/about/smart/) [Things to do](https://sms4smile.com/quotes/about/things-to-do/) ## Related quotes > [Colby, he gets the credit as the guy that would be the champion if Kamaru wasn't there, but who's he beat? He beat Masvidal…](https://sms4smile.com/quotes/belal-muhammad/colby-he-gets-the-credit-as-the-guy-that-would-be-the-champion-if/) [Belal Muhammad](https://sms4smile.com/quotes/author/belal-muhammad/) > [When I first began studying prices, it wasn't a topic that mathematicians were working on. Purely by accident, I saw a set of data…](https://sms4smile.com/quotes/benoit-mandelbrot/when-i-first-began-studying-prices-it-wasn-t-a-topic-that/) [Benoit Mandelbrot](https://sms4smile.com/quotes/author/benoit-mandelbrot/) > [If there wasn't any competition, I'd be very worried, because it would mean we were not doing very well.](https://sms4smile.com/quotes/marc-benioff/if-there-wasn-t-any-competition-i-d-be-very-worried-because-it-would/) [Marc Benioff](https://sms4smile.com/quotes/author/marc-benioff/) > [The truth is that there wasn't much competition. There was the East and the West, but there was really no West before us. We…](https://sms4smile.com/quotes/dj-yella/the-truth-is-that-there-wasn-t-much-competition-there-was-the-east/) [DJ Yella](https://sms4smile.com/quotes/author/dj-yella/) > [Competition for places can only benefit you. If you know you've got that much competition, then you're just going to have to work that…](https://sms4smile.com/quotes/jamie-vardy/competition-for-places-can-only-benefit-you-if-you-know-you-ve-got/) [Jamie Vardy](https://sms4smile.com/quotes/author/jamie-vardy/) > [It's not a competition, I just made it further than you!](https://sms4smile.com/quotes/dawna/it-s-not-a-competition-i-just-made-it-further-than-you/) Dawna > [“Everything is not a competition. In fact, nothing is, unless we make it so. Let's stand with, not against each other. We're all bringing…](https://sms4smile.com/quotes/scott-stabile/everything-is-not-a-competition-in-fact-nothing-is-unless-we-make-it/) [Scott Stabile](https://sms4smile.com/quotes/author/scott-stabile/) > [You can beat 80% of the competition just by showing up.](https://sms4smile.com/quotes/harvey-mackay/you-can-beat-80-of-the-competition-just-by-showing-up/) [Harvey Mackay](https://sms4smile.com/quotes/author/harvey-mackay/) > [Training hasn't been consistent for the last week or so which was a bit annoying, but going into the competition I just had to…](https://sms4smile.com/quotes/tom-daley/training-hasn-t-been-consistent-for-the-last-week-or-so-which-was-a/) [Tom Daley](https://sms4smile.com/quotes/author/tom-daley/) > [There's always going to be space for battle in hip hop. For competition. It's just an inseparable part of the game.](https://sms4smile.com/quotes/nas/there-s-always-going-to-be-space-for-battle-in-hip-hop-for/) [Nas](https://sms4smile.com/quotes/author/nas/) > [If you want to find the real competition, just look in the mirror. After awhile you'll see your rivals scrambling for second place.](https://sms4smile.com/quotes/anonymous/if-you-want-to-find-the-real-competition-just-look-in-the-mirror/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Once I get to a competition I just really get in my zone...I just stay calm and focused, and I don't let anything distract…](https://sms4smile.com/quotes/jordyn-wieber/once-i-get-to-a-competition-i-just-really-get-in-my-zone-i-just-stay/) [Jordyn Wieber](https://sms4smile.com/quotes/author/jordyn-wieber/) > [I'm never gonna shy away from competition - and that's just the bottom line.](https://sms4smile.com/quotes/mark-ingram-ii/i-m-never-gonna-shy-away-from-competition-and-that-s-just-the-bottom/) [Mark Ingram II](https://sms4smile.com/quotes/author/mark-ingram-ii/) > [When I won the competition, I had just been offered a job as a designer in Düsseldorf, so that's probably what I'd be doing…](https://sms4smile.com/quotes/heidi-klum/when-i-won-the-competition-i-had-just-been-offered-a-job-as-a/) [Heidi Klum](https://sms4smile.com/quotes/author/heidi-klum/) > [Why do girls feel the need to make everything a competition? Can't you just be happy for each other...](https://sms4smile.com/quotes/anonymous/why-do-girls-feel-the-need-to-make-everything-a-competition-can-t-you/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## More by John D. Rockefeller > [If your only goal is to become rich, you will never achieve it.](https://sms4smile.com/quotes/john-d-rockefeller/if-your-only-goal-is-to-become-rich-you-will-never-achieve-it/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [Probably the greatest single obstacle to the progress and happiness of the American people lies in the willingness of so many men to invest…](https://sms4smile.com/quotes/john-d-rockefeller/probably-the-greatest-single-obstacle-to-the-progress-and-happiness/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [I would rather hire a man with enthusiasm, than a man who knows everything.](https://sms4smile.com/quotes/john-d-rockefeller/i-would-rather-hire-a-man-with-enthusiasm-than-a-man-who-knows/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [“The secret to success is to do the common things uncommonly well.”](https://sms4smile.com/quotes/john-d-rockefeller/the-secret-to-success-is-to-do-the-common-things-uncommonly-well/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [After it is all over, the religion of man is his most important possession.](https://sms4smile.com/quotes/john-d-rockefeller/after-it-is-all-over-the-religion-of-man-is-his-most-important/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [There is no feeling in this world to be compared with self-reliance--do not sacrifice that to anything else.](https://sms4smile.com/quotes/john-d-rockefeller/there-is-no-feeling-in-this-world-to-be-compared-with-self-reliance/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [The American Beauty Rose can be produced in the splendor and fragrance which bring cheer to its beholder only by sacrificing the early buds…](https://sms4smile.com/quotes/john-d-rockefeller/the-american-beauty-rose-can-be-produced-in-the-splendor-and/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [To think! All that power and he wasn't even rich!](https://sms4smile.com/quotes/john-d-rockefeller/to-think-all-that-power-and-he-wasn-t-even-rich/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [The only question with wealth is, what do you do with it?](https://sms4smile.com/quotes/john-d-rockefeller/the-only-question-with-wealth-is-what-do-you-do-with-it/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [I know of nothing more despicable and pathetic than a man who devotes all the hours of the waking day to the making of…](https://sms4smile.com/quotes/john-d-rockefeller/i-know-of-nothing-more-despicable-and-pathetic-than-a-man-who-devotes/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [I always tried to turn every disaster into an opportunity.](https://sms4smile.com/quotes/john-d-rockefeller/i-always-tried-to-turn-every-disaster-into-an-opportunity/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [There is nothing in this world that can compare with the Christian fellowship; nothing that can satisfy but Christ.](https://sms4smile.com/quotes/john-d-rockefeller/there-is-nothing-in-this-world-that-can-compare-with-the-christian/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [“I believe in the supreme worth of the individual and in his right to life, liberty and the pursuit of happiness. I believe that…](https://sms4smile.com/quotes/john-d-rockefeller/i-believe-in-the-supreme-worth-of-the-individual-and-in-his-right-to/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost…](https://sms4smile.com/quotes/john-d-rockefeller/i-do-not-think-there-is-any-other-quality-so-essential-to-success-of/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [The major fortunes in America have been made in land.](https://sms4smile.com/quotes/john-d-rockefeller/the-major-fortunes-in-america-have-been-made-in-land/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) [Explore all 123 John D. Rockefeller quotes ](https://sms4smile.com/quotes/author/john-d-rockefeller/) ## More Beats quotes > [Histories never conclude; they just pause their prose. Their stories are, if they are truthful, untidy affairs, resistant to windings-up and sortings-out. They beat…](https://sms4smile.com/quotes/simon-schama/histories-never-conclude-they-just-pause-their-prose-their-stories/) [Simon Schama](https://sms4smile.com/quotes/author/simon-schama/) > [So many things beat upon us in a lifetime that simply enduring may seem almost beyond us… But the test a loving God has…](https://sms4smile.com/quotes/henry-b-eyring/so-many-things-beat-upon-us-in-a-lifetime-that-simply-enduring-may/) [Henry B. Eyring](https://sms4smile.com/quotes/author/henry-b-eyring/) > [The Beat Generation, that was a vision that we had, John Clellon Holmes and I, and Allen Ginsberg in an even wilder way, in…](https://sms4smile.com/quotes/jack-kerouac/the-beat-generation-that-was-a-vision-that-we-had-john-clellon-holmes/) [Jack Kerouac](https://sms4smile.com/quotes/author/jack-kerouac/) > [Certainly these are not easy times. But history does not contain very many easy times. Years from now, we will look back at this…](https://sms4smile.com/quotes/laura-ingraham/certainly-these-are-not-easy-times-but-history-does-not-contain-very/) [Laura Ingraham](https://sms4smile.com/quotes/author/laura-ingraham/) > [I usually write from the rhythm section...If a drummer got a funky beat on some things - like a half-shuffle or a shuffle or…](https://sms4smile.com/quotes/miles-davis/i-usually-write-from-the-rhythm-section-if-a-drummer-got-a-funky-beat/) [Miles Davis](https://sms4smile.com/quotes/author/miles-davis/) > [If you don't like club beats take a HIT OF E and you will love the music.](https://sms4smile.com/quotes/kevin-mccarty/if-you-don-t-like-club-beats-take-a-hit-of-e-and-you-will-love-the/) [Kevin McCarty](https://sms4smile.com/quotes/author/kevin-mccarty/) > [Every pitcher can beat you, it doesn't matter how good you are.](https://sms4smile.com/quotes/barry-bonds/every-pitcher-can-beat-you-it-doesn-t-matter-how-good-you-are/) [Barry Bonds](https://sms4smile.com/quotes/author/barry-bonds/) > [Only two to three per cent of an audience is interested in words and pays attention to lyrics; most of the rest of it…](https://sms4smile.com/quotes/al-stewart/only-two-to-three-per-cent-of-an-audience-is-interested-in-words-and/) [Al Stewart](https://sms4smile.com/quotes/author/al-stewart/) > [Joel Lane documents a life we don’t quite live, in a city we can’t quite find: half glimpsed and half imagined, we know it’s…](https://sms4smile.com/quotes/chaz-brenchley/joel-lane-documents-a-life-we-don-t-quite-live-in-a-city-we-can-t/) Chaz Brenchley > [Practice to beat the best.](https://sms4smile.com/quotes/dick-bennett/practice-to-beat-the-best/) [Dick Bennett](https://sms4smile.com/quotes/author/dick-bennett/) > [I don't know about the rest of the world, but I know in our region everyone is gunning to beat us. We have a…](https://sms4smile.com/quotes/landon-donovan/i-don-t-know-about-the-rest-of-the-world-but-i-know-in-our-region/) [Landon Donovan](https://sms4smile.com/quotes/author/landon-donovan/) > [Grand business plans are all very well, but nothing beats dipping your toe in the water.](https://sms4smile.com/quotes/baron-bilimoria-karan-bilimoria/grand-business-plans-are-all-very-well-but-nothing-beats-dipping-your/) Baron Bilimoria Karan Bilimoria > [Let a man who has to make his fortune in life remember this maxim: Attacking is the only secret. Dare and the world yields,…](https://sms4smile.com/quotes/william-makepeace-thackeray/let-a-man-who-has-to-make-his-fortune-in-life-remember-this-maxim/) [William Makepeace Thackeray](https://sms4smile.com/quotes/author/william-makepeace-thackeray/) > [Imagine if you were a drummer, and you accidentally picked up two magic wands instead of sticks. There you are, keeping the beat, the…](https://sms4smile.com/quotes/mitch-hedberg/imagine-if-you-were-a-drummer-and-you-accidentally-picked-up-two/) [Mitch Hedberg](https://sms4smile.com/quotes/author/mitch-hedberg/) > [I don't like small birds. They hop around so merrily outside my window, looking so innocent. but I know that secretly, they're watching my…](https://sms4smile.com/quotes/anonymous/i-don-t-like-small-birds-they-hop-around-so-merrily-outside-my-window/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) Browse all 3,311 Beats quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I raised my prices since there wasn't any competition it was just the smart thing to do. Why would I keep my prices up if their wasn't anyone to beat?", "creator": { "@type": "Person", "name": "John D. Rockefeller" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/john-d-rockefeller/i-raised-my-prices-since-there-wasn-t-any-competition-it-was-just-the/", "about": { "@type": "Thing", "name": "Beats" }, "@id": "https://sms4smile.com/quotes/john-d-rockefeller/i-raised-my-prices-since-there-wasn-t-any-competition-it-was-just-the/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg", "contentUrl": "https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg", "url": "https://sms4smile.com/quotes/i/950/john-d-rockefeller-3693_beats_i-raised-my-prices-since-there-wasn-t-an_553716.jpg", "width": 1080, "height": 1080, "caption": "“I raised my prices since there wasn't any competition it was just the smart thing to do. Why would I keep my…” — John D. Rockefeller", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "John D. Rockefeller", "item": "https://sms4smile.com/quotes/author/john-d-rockefeller/" }, { "@type": "ListItem", "position": 4, "name": "I raised my prices since there...", "item": "https://sms4smile.com/quotes/john-d-rockefeller/i-raised-my-prices-since-there-wasn-t-any-competition-it-was-just-the/" } ], "@id": "https://sms4smile.com/quotes/john-d-rockefeller/i-raised-my-prices-since-there-wasn-t-any-competition-it-was-just-the/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```