List of high-quality authors to do business"Small profits but quick turnover"Still"Profitable and marketable"It needs to be decided according to the specific situation and market environment.
Small profit but quick turnover refers to the sale of products at a lower ** by reducing profit margins, thereby increasing sales volume and market share. This method is suitable for the following situations:
1.The elasticity of product demand is large, and reducing sales can significantly increase sales.
2.The production cost of the product decreases with the expansion of the production scale.
3.The market is highly competitive, and there is a need to attract consumers through low-price strategies.
4.The product quality is stable, and consumers are sensitive to it.
Profitable and marketable refers to the sale of products with higher profits by increasing profit margins, so as to obtain higher profits. This method is suitable for the following situations:
1.The elasticity of product demand is small, and the change has little impact on sales.
2.The product has a uniqueness or brand advantage that consumers are willing to pay**.
3.The cost of the product is high, and the cost needs to be covered by the ** grid.
4.The market competition is not fierce, and the products have high added value.
In actual operation, enterprises can flexibly choose the strategy of small profits but quick sales or high profits and marketability according to factors such as market environment, consumer demand, product characteristics, etc. Sometimes, businesses also adopt a hybrid strategy that combines the two to adapt to changing market conditions. In short, the key to choosing which strategy to choose is to find a profit model that suits your business and achieve sustainable development.