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