Advanced logic in Cambodia

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juansweetpotato
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Advanced logic in Cambodia

Post by juansweetpotato »

Price wars to subvert gains made by SMEs
http://www.phnompenhpost.com/business/p ... -made-smes
Cambodian entrepreneurs and business leaders on Saturday stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead.

At the 2nd Global Alumni Convention – a forum that brings together Cambodian graduates who studied overseas, government officials and senior business leaders – participants said undercutting competitors on price affects the industry as a whole in terms of future investment and quality standards.
Speaking at a panel discussion on the challenges for small and medium enterprises, Pascal Ly, CEO of the Credit Bureau Cambodia, said that for SMEs to compete on price was a “very risky strategy” and they should instead look at providing solutions to customers’ needs, which were price resilient.

“When you talk about solutions you bring much more than just a product, you are branding services and bringing quality to what you are proposing,” he said.

“If you are able to provide a solution to [a challenging problem] then [the customer] won’t even discuss the price.”

Kouch Pheng, founder of local logistics services provider Advanced Glory Logistics (Cambodia), said that price undercutting by one firm could lead to similar actions by other businesses, which would eventually impact each firm's bottom line. ...
Jesus :facepalm: Advanced logics Cambodia style. The only thing Glory reminds me of is a hole. Although this time it's a different hole I'm thinking of.

There are only 2 things to know about selling in Cambodia. Buy the cheapest shit and charge the highest prices. = Low quality goods and services for maximum prices = angry people. Good job Cambodia :thumb:
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crummyjuggler
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Re: Advanced logic in Cambodia

Post by crummyjuggler »

No, in the most corrupt country in SEA, you win with political connections.
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juansweetpotato
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Re: Advanced logic in Cambodia

Post by juansweetpotato »

crummyjuggler wrote:No, in the most corrupt country in SEA, you win with political connections.
I have heard that there is some huge Asian mother with multitudinous tits that relatives come to suck off. They all pay for the service of her whispers in their ears of things to come and people to go.
"Can you spare some cutter for an old man?"
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