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Can Low Prices Hurt Your Business?

Posted by sannwood under Finance
From http://www.openforum.com 4774 days ago
Made Hot by: tuckerleroy on October 12, 2011 7:02 pm

Low prices draw customers in, true. But that's not all they do. They can also send a message to your customers that you don't want them to hear.

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Written by MrsZeus
4774 days ago

I'd say yes - low prices can hurt your business. That's one of the drawbacks to Groupon, they're great for attracting customers, but not so great when it comes to repeat customers.

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