oboloo Glossary

Demand High Supply Low

oboloo Glossary

Demand High Supply Low

Demand High Supply Low is a business concept that describes a situation where the demand for a product or service is significantly higher than its supply. In such cases, businesses often find themselves in a position of having to pass on increased profits and/or market share to their customers through discounts or additional services. By understanding this concept and taking advantage of it, businesses can create an effective pricing strategy that will help them increase profitability while providing valuable services to their clients.