Price Wars Quotes

Airlines go in the long run at the competition to reason. For the passenger the competition is good, because each competitor tries to undercut the other one.

Competition is always good.

Not just in commerce but in the world of ideas too our age is putting on a veritable clearance sale. Everything can be had so dirt cheap that one begins to wonder whether in the end anyone will want to make a bid.

Competition can never be eliminated from this industry. There is nothing wrong with it. It keeps you on your toes, making you work harder.

When I entered the market, I was rejected because the elite say that you have to sell things at a certain price point. My position was that the consumer is smarter than that. Who cares if it's $200, not $2,000?

When I started at Bloomingdale's as a buyer, Alexander's was a discounter across the street, and every time Alexander's had something that we had at Bloomingdale's, we'd have to meet price. I didn't really want to be in a business where I had no control over my inventory, the value of my inventory.

Competition is not only the basis of protection to the consumer, but is the incentive to progress.

Most things that people want already exist, and with Amazon or eBay, there is always someone who is willing to undercut your price.

They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.

Within a market, organizations have interests distinct from and often antagonistic to the market processes that produced and sustain them.

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.

There is no victory at bargain basement prices.

There are lots of retailers that are now scrambling to emulate the Amazon model, so Amazon does not have a monopoly on same-day distribution or broad selection or low prices. All that said, there are advantages that accrue to the largest player, so I don't see much in the way of Amazon slowing down.

To many book professionals, Amazon is a ruthless predator. The company claims to want a more literate world - and it came along when the book world was in distress, offering a vital new source of sales.

When you’re dealing with a commodity, high productivity means that nobody makes any money.

What is “destructive competition” for producers is a bargain bonanza for consumers.

Being a 'monopoly' is not illegal, nor is trying to best one's competitors through lower prices, better customer service, greater efficiency, or more rapid innovation.

The battle of competition is fought by the cheapening of commodities

Competition is the keen cutting edge of business, always shaving away at costs.

In well-functioning markets, price equals opportunity cost. Meaning that the proper way to price out and charge us for things is to charge us what those resources could otherwise have produced. This is a lesson the Soviet Union never learned at all, and the rest is history.

I think in just about any business the low cost competitor is always going to have an advantage.

The reality is that we've seen the last of any serious price wars for a long time. I don't think any of the others could afford it, certainly not on a long-term basis.

Competition has always been good.

The biggest cost of my business is competition - promoters bidding against each other to get a tour.

Well, we all make mistakes, and I've made some; getting involved in a price-cutting campaign in Scotland when the biggest slump in advertising history was just around the corner was a mistake.