The law of scissors & profit maximization #24

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Bong Sul (Ph D., Advisor)


Fashion retailing, where and how to purchase? 

The law of scissors & profit maximization <24>


Do you know what is the law of scissors? Scissors larger than any other can cut paper or fabric well. 

Likewise, the better the quality of some products, and the lower the price, the better it sells. 


From this point of view, the law of scissors is that the larger the gap between the quality of any fashion products and its price, the larger the sales scale of that products. 

According to this law of scissors, many domestic and foreign buyers are achieving profit maximization.





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