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Reduction in price or quality of goods if price of materials increase?
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[QUOTE="Olajidey, post: 79680, member: 26969"] This is a critical issue as many business owners make mistake as regards to increase the price and maintain the size of the product or reduce the size of the product and maintain the price or reduce the quality and maintain the product. If you increase the price and maintain the product size, believe me, you will lose a customer as people are adjusting to your price and make changes to the price will be difficult but if you reduce the product and you maintain the quality you will not lose many customers as many people are not really focusing on the size as the quality of the product. [/QUOTE]
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Reduction in price or quality of goods if price of materials increase?
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