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Sagot :
The poor strategy for success are:
- If a product is priced too low.
- the low quality of the product
- Building a customer base of devoted followers is challenging in light of this.
Briefing:
If a product is priced too low, the manufacturer might not be able to continue producing it because, in reality, they need to make enough money to cover both their living expenses and the cost of the raw materials they used.
In this manner, attempting to undercut rivals may result in financial loss and business closure for a food service operator.
Additionally, there is a good chance that customers will interpret the low prices as indicating the low quality of the product
Building a customer base of devoted followers is challenging in light of this.
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