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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1631 |
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This suggests that competitors will probably have to, sooner or later, raise their prices. Even if they don’t raise it to FF20, any middle value will strengthen the position of Lille Tissages, since with the price gap shrinking, they value of their brand will probably tempt over customers from the competition again...
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This is hard to estimate, but it is highly probable that in case Lille Tissages will drop their prices so significantly (25%), their customers might ask for the reasons, and many of them will probably not even do that, just will walk away, afraid of lower quality (maybe due to possible outsourcing or cheaper raw materials, or so they might assume)...
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