Value of products in perfect competition #17

www.seoulclick.com

Bong Sul (Ph D., Advisor)


Fashion retailing, where and how to purchase? 

Value of products in perfect competition <17>


“The battle is not always to the strong.”

In pure competition like Dongdaemun market, many small and medium-sized wholesalers and their suppliers are gaining trade performance through designer brand for less. 


In the market, there is no transaction unless it is a designer product with a low price. 

In other word, a company’s survival is guaranteed by low-priced designer products.

The people in the marketplace always say, “We must do or die.” 



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