This episode explains how to win a price war. Price wars are the terrorist events of every industry, and they seemingly create an unsolvable dilemma: match the competitor’s price and risk losing your profits, or ignore the competitor’s price and risk losing your revenues. Yet this seemingly unsolvable dilemma has an incredibly powerful solution – one which underscores one of the most important, but universally neglected principles of business.
PROFIT ISLE is a trusted partner to large private and public businesses around the world. We’ll help you see your business in a new way. If you would like the full audio transcript for this recording, click here.