why should we never want to be the cheapest product on the market?

why should we never want to be the cheapest product on the market?

why should we never want to be the cheapest product on the market?

Answer

Brief Explanations:

Positioning as the cheapest product can create an impression of low - quality. It may also limit profit margins and attract price - sensitive customers who are less loyal. Additionally, it can be difficult to reposition the product later.

Answer:

Positioning as the cheapest can imply low quality, limit profits, attract less - loyal customers, and make repositioning hard.