price undercutting

When Is Price Undercutting Not Recommended?

Price undercutting is not always the best strategy. Situations where it might not be advisable include:
1. Niche Markets: In niche markets where quality and exclusivity are valued, undercutting prices may degrade the brand.
2. High Fixed Costs: Businesses with high fixed costs may find it difficult to sustain lower prices without affecting overall profitability.
3. Brand Positioning: For brands positioned as premium or luxury, lowering prices can dilute the brand's image and value.

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