Both Quote by Mike Duke
“We've done both. We can do both. We can raise the quality and still have Walmart prices.”
About This Quote
Source Speech: Walmart Annual Meeting, 2015
Commitment to quality while maintaining low prices; dual focus is possible.
In simple terms: You can have both quality and low prices.
Key Takeaway
Invest in efficiency to sustain both.
Themes
business strategy
cost leadership
quality assurance
value proposition
Mood
optimistic
practical
Type
business
motivational
When to use this quote
- product development
- pricing strategy
- operations optimization
- brand messaging
Key Concepts
economies of scale
process innovation
customer value
Questions to Reflect On
- How can technology help reduce costs without sacrificing quality?
- What trade‑offs are acceptable for your customers?
A Different Perspective
Balancing quality and cost may strain margins.
