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Ep. #957: Mike Matthews on Becoming a Successful Fitness Entrepreneur

Muscle for Life with Mike Matthews

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Is Low Price Really a Strategy?

A low price is a strategy, right? I mean, if we look at in the world of physical products, that's the strategy of cosco and walmart. It's not a strategy that i personally would, i don't think i would look to pursue it in any business,. The capital requirements are very large. A ou we have no customer loyalty. Customer lifetime value is low, and it really is a quantity game. If you're trying to charge too much, then the total cost is out, it outweighs the perceived benefit. And so this is where you'd want to know who you are trying to sell to and why. In the case of body fortress protein,

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