If the other fellow sells cheaper than you, it is called dumping. 'Course, if you sell cheaper than him, that's mass production.
Sentiment: NEGATIVE
There is hardly anything in the world that some man cannot make a little worse and sell a little cheaper, and the people who consider price only are this man's lawful prey.
'Priced to sell' - just the phrase makes me smile. When a dealer says all the items in his booth are priced to sell, he means he's tagged them as aggressively as he can to get you to buy them. Don't worry, though, I still haggle. You have to. That's the point of a flea market.
Everybody's doing it. In capitalism, you try to get the highest price you can for a product.
I produce for a low price and I sell it on my own to 80 countries.
I buy when other people are selling.
We're talking to every third-party supplier every day of the week, and our traders are talking to them and buying products from them. When we're doing that, we see opportunities which no one else sees.
In industries where a lot of competitors are selling the same product - mangoes, gasoline, DVD players - price is the easiest way to distinguish yourself. The hope is that if you cut prices enough you can increase your market share, and even your profits. But this works only if your competitors won't, or can't, follow suit.
Selling is essentially a transfer of feelings.
Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.
My philosophy is that you sell things for more than you bought them.