High Priced Products
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High priced products can be good for companies with superior brands and leading products, but it runs of risk of decreasing in demand if the economy goes into a recession. When consumers have less money, they have a greater incentive to purchase a good or service that is of a lower price than the most premium product. This could hurt companies that sell the majority of their products in a premium price range. …
SWOT Analysis Survey
SWOT Threat: High Priced Products
High priced products can be good for companies with superior brands and leading products, but it runs of risk of decreasing in demand if the economy goes into a recession. When consumers have less money, they have a greater incentive to purchase a good or service that is of a lower price than the most premium product. This could hurt companies that sell the majority of their products in a premium price range.
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