Business Quote by Zhang Jindong
“In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.”
About This Quote
Source Business Lecture: Sustainable Pricing Strategies, 2018
Short‑term low‑price tactics may win customers but damage long‑term profitability and brand value.
In simple terms: Low prices can hurt long‑term profit.
Key Takeaway
Prioritize sustainable pricing.
Themes
business strategy
pricing
long‑term planning
Mood
pragmatic
analytical
Type
advice
philosophical
When to use this quote
- product launches
- seasonal sales
- startup budgeting
- price wars
Key Concepts
value proposition
market competition
Questions to Reflect On
- How to protect margins without losing customers?
- What alternatives to low pricing exist?
A Different Perspective
Competitors may force price cuts.
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