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(And presumably enjoying better margins than it would if, like a traditional store brand, it competed solely on low price, not trustworthy-brand familiarity).
Most companies were small and competed solely on price, which resulted in low levels of service and discouraged investment in new ideas.
"I doubt that many of you would welcome a commodity marketplace in which one competed solely on price, promotion and trade deals, all of which can easily be duplicated by competition, lead-ing to ever-decreasing profits, decay and eventual bankruptcy".
As league football had not been introduced in England at the time, the team competed solely in cup competitions and friendly matches throughout the season, playing 52 matches in total.
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"You are competing solely on price".
So competing solely on price isn't a long-term strategy, the team believes.
"Sony is no longer competing solely with traditional Japanese electronics companies.
As traditional carriers ape budget airlines, they force themselves to compete solely on price terms.
They believed that Japanese and Korean companies were competing solely on the basis of cost and quality.
Further, competing solely on price, as the CEO says they're doing, may pump up short-term revenue but is a recipe for disaster down the road.
These private insurers would be required to offer uniform deductibles, co-payments and other benefit features, and therefore would compete solely on price.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com