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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 19, 20232023-09-19T17:38:28+00:00 2023-09-19T17:38:28+00:00In: Money & Business

in pricing what would you choose between quality or quantity

I noticed some entrepreneur usually fix price on their products on the high side, according to them, anyone who is not able to afford it is not their target audience and of cause based on the quality. Then there are does who sell their products on a cheaper price. Their strategy is the more customers they have, they would be able to match the profit of does who sell at a higher pice. Between selling at a higher price and selling at a lower price to get more quantity Which strategy is better?

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3 Answers

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    2026-04-28T10:46:25+00:00Added an answer on April 28, 2026 at 10:46 am

    Choosing between quality and quantity depends on your brand's "DNA." If you choose Quality, you target high-margin, low-volume sales where customers pay a premium for status, durability, or specialized service. If you choose Quantity, you play the "volume game," focusing on low-margin, high-turnoverRead more

    Choosing between quality and quantity depends on your brand’s “DNA.” If you choose Quality, you target high-margin, low-volume sales where customers pay a premium for status, durability, or specialized service. If you choose Quantity, you play the “volume game,” focusing on low-margin, high-turnover sales where price is the main draw. In 2026, most sustainable businesses choose a “Quality Core” with “Quantity Add-ons.” High quality builds the reputation, while high-quantity, lower-cost items provide the daily cash flow.

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  2. Light
    Light Trusted Adviser
    2023-09-19T19:11:23+00:00Added an answer on September 19, 2023 at 7:11 pm

    Your business strategy and target market will choose which of quality and quantity to charge for. A certain clientele looking for value may be drawn by premium prices for higher-quality goods or services. As an alternative, providing more reasonably priced solutions in larger quantities may appeal tRead more

    Your business strategy and target market will choose which of quality and quantity to charge for. A certain clientele looking for value may be drawn by premium prices for higher-quality goods or services. As an alternative, providing more reasonably priced solutions in larger quantities may appeal to customers who are concerned about costs. While assuring profitability and sustainability, the choice should be in line with your brand strategy and customer preferences.

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  3. Carpon
    Carpon Expert Mind Hustler
    2025-08-19T11:35:18+00:00Added an answer on August 19, 2025 at 11:35 am

    There are different scenarios where you will have to choose one over the other depending on the product we are talking about and other factors like that In most cases you will try to go for a product that tries to balance| quality and quantity. There are some products that are averagely qualitativeRead more

    There are different scenarios where you will have to choose one over the other depending on the product we are talking about and other factors like that

    In most cases you will try to go for a product that tries to balance| quality and quantity. There are some products that are averagely qualitative and also have a good quantity

    But when buying something you want to use for long always go for quality over quantity

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