Question

In 2-3 full sentences, answer the following question.

Would you rather sell a lot of products for a low price or fewer products for a high price? Explain.

Answer 1

I'd rather sell fewer products at a high price because higher margins make it easier to cover costs, invest in quality and customer service, and remain profitable without needing enormous volume. It does require stronger branding and marketing to justify the premium, but it's less dependent on razor-thin margins and massive scale than competing on low price.