We are living in the era of inflation, where we've to do many things to survive in this era and everyone is trying their best to survive. Prices of everything goes high while our salaries are same as before and this happen everywhere as globally economy is not in good position.
I don't know about other countries or other cities I see it in my country or in my area at least. That people start a business of anything and they sell everything with the low price from the market, i don't know if it's beneficial to business owners but they do have more costumer's then other shops and obviously every seller wants to see more buyer on his shop and people would love to shop where the price is low.
He wasn't an old butcher in the market but he started this business about 5 years ago and he sells chicken daily, it's his daily target to sell chicken, i don't know what is his target as i never asked from him but if he opens his shop around 8am then within two hour's till 10am his all meat sell and there's nothing leff in his shop.
The reason of fast selling of mear is he also follow the market price but if market price is 500 RS per kg then his price is 480 kg and believe me he has more costumer's, we also prefer to buy chicken meat from his shop but if we're late like after 10 am then we've to buy from other shop's. And i heard the gossip's that he renovated his house and he only do this business.
A few days ago, my neighbor came to my house as she was waiting for his son to come back to home so that she can go with her to fifty fifty store to buy groceries. I asked to her why she need to go away because there's a store near to our house too where we can buy groceries and she simply said that they buy products at low value then others. I also went to fifty fifty store sometimes but never noticed the price lol.
Well, i don't know why some seller's has low price then others, maybe to attract the costumers and believe me it's a cool idea to attract costumer's but i don't know if it's beneficial for the business owners to sell at low or not. Obviously it's benefited for business owners too but only those knows as I'm not a business woman 馃槀
Market cap matters if they use it wisely, some sell at high while some sell at low and you know people will find out the shops who's rates are lower as poor nation is grinding with prices and it's their need to save a little penny too. I think business owners have extra ordinary mind with good plans of investment and it depends if it's short investment or long term investment.
That's all for today and it's my entry in this week hive learner contest in #hl-exclusive for the topic #hl-w188e1.
