is a lazy reduction of "pricing power" just a fat gross margin? if you can charge multiples of your input costs that seems like a good biz to me. is that "it"
No Mule the strongest form of pricing power is the ability to lower prices to levels your competitors can’t match.
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yes but what if you don't exactly sell the same product as your competitor. i don't think pricing power is ever well defined tbh
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Then I think the economists call them substitute products or something but I don’t really know because I never made it that far.
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I remember Richard Liu at
$JD saying something like their low gross margin is a sign of cost advantage b/c its them using their lower opex to win price wars. I wouldnt call it pricing power . but the other end of the spectrum..Thanks. Twitter will use this to make your timeline better. UndoUndo
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