Pchum Ben: A drop in sales and a rise in prices

This is where our community discusses almost anything! While we're mainly a Cambodia expat discussion forum and talk about expat life here, we debate about almost everything. Even if you're a tourist passing through Southeast Asia and want to connect with expatriates living and working in Cambodia, this is the first section of our site that you should check out. Our members start their own discussions or post links to other blogs and/or news articles they find interesting and want to chat about. So join in the fun and start new topics, or feel free to comment on anything our community members have already started! We also have some Khmer members here as well, but English is the main language used on CEO. You're welcome to have a look around, and if you decide you want to participate, you can become a part our international expat community by signing up for a free account.
God'sGift
Expatriate
Posts: 294
Joined: Thu Apr 02, 2020 9:10 pm
Reputation: 86
Great Britain

Re: Pchum Ben: A drop in sales and a rise in prices

Post by God'sGift »

clutchcargo wrote: Wed Sep 09, 2020 5:46 pm
Sort of like if your shares go down by 50% you double up and buy..

Entirely logical.. :mrgreen:


sure, it's a kind of subsistence style economics.

cling on for that one sale a day, to get through to the next one.

Prob the last hurrah before the firm/seller goes bust though
explorer
Expatriate
Posts: 2417
Joined: Sat Apr 14, 2018 9:37 pm
Reputation: 768
Australia

Re: Pchum Ben: A drop in sales and a rise in prices

Post by explorer »

The truth is, if everyone selling a particular product puts their price up, customers have to pay more. If it is something they will buy anyway, the shops make more money. If it is a non-essential item, and people choose not to buy it, shops may lose.

Shops need to make enough to cover their costs.

Smart business people work it out over the entire year. The busy times make money, which helps cover the costs of the quiet times.
## I thought I knew all the answers, but they changed all the questions. ##
Khmer_Risotto
Expatriate
Posts: 141
Joined: Wed Sep 13, 2017 2:17 pm
Reputation: 74
Cambodia

Re: Pchum Ben: A drop in sales and a rise in prices

Post by Khmer_Risotto »

Stagflation
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Ahrefs [Bot], Bing [Bot], Ong Tay and 1604 guests