tag:blogger.com,1999:blog-28021668.post3683173006548330856..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Sun Tzu - War On Business Part 3 (Plastered 8)Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28021668.post-43968922046914582222010-04-06T19:25:03.397+08:002010-04-06T19:25:03.397+08:00Hi JW,
Thanks for the tip! I learnt something tod...Hi JW,<br /><br />Thanks for the tip! I learnt something today.<br /><br />Cheers,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-91952083505270956932010-04-06T10:22:59.011+08:002010-04-06T10:22:59.011+08:00Hi MW,
thanks for sharing.
I read with interest ...Hi MW,<br /><br />thanks for sharing.<br /><br />I read with interest this portion:<br /><br />"James feels that once a business starts competing on price without product differentiation, it is the beginning of a downhill battle in which all players will lose. On a side note, this is akin to price wars initiated by telcos or airlines in which only the customer benefits (but not the companies itself)."<br /><br /><br />To me, price wars by telcos or airlines are not analogous to what is happening in the T-shirt business. The main reason is because of the high fixed costs to telcos and airlines. <br /><br />In fact, when Starhub first come into the mobile phone picture and started a price war, in the end, all three telcos reported increased profits and customer base. One of the factors is because when prices were high, market penetration wasn't that high. ===> part of my A level economics personal case study, which eventually led me to buy Starhub lots :)<br /><br /><br />I would compare detrimental price wars to the market of supplements in online shops in Singapore. I've decided against joining this field because of the intense price war that is happening right now with no product differentiation; the products aren't created by the shops! Every online shop sells the same product, with the main sources of differentiation in their product ranges and delivery service.... Sourcing online for the cheapest shop isn't a very hard thing to do...JWhttps://www.blogger.com/profile/04633191740991225888noreply@blogger.com