Masterclass: The Recession Proof Business
Capitalism.com with Ryan Daniel Moran
00:00
How to Start Premium Brands During Recessions
We're entering a window of opportunity in which costs are coming down, competition is coming down. During recessions, the middle to low tier businesses will often lower their prices to compete. It's a really good opportunity to start premium brands, top of market brans. You won't have the same volume as everybody else, but you'll have the profit margins and you'll stand out.
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