IF everyone really boycott, will the prices decrease?

N4E.SI

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I know in reality wont happen cos SG got many rich elites, FTs and tourists.

But I am just imagining a scenario if everyone really stop patronizing a certain foodcourt or curry puff (for example), say their business drop by 90% in 1 day.... after a week or two will they revise their prices downwards?
 

N4E.SI

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can start by stop ordering drink

Ya I dun order drinks from foodcourt or coffeeshop. But less 1 customer makes no diff... all the ah peks & other customers order drinks like no body biz
 

Ginola81

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They will start by closing branches with decreasing sales first. Dun think they will reduce prices, maybe next year they will not increase them if sales all over their branches drop
 

Scp173

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Ock, mr bean all these choose to open near mrt for a reason

Pple rushing to work hav no choice it the only place to get a quick bite

And when u in a rush ur mind cant think straight and will just pay to get it done
 

gilcrest

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I know in reality wont happen cos SG got many rich elites, FTs and tourists.

But I am just imagining a scenario if everyone really stop patronizing a certain foodcourt or curry puff (for example), say their business drop by 90% in 1 day.... after a week or two will they revise their prices downwards?
Not possible as demographically and mentality wise, sinkies can neber be united in cause.
 

Multiversal

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I know in reality wont happen cos SG got many rich elites, FTs and tourists.

But I am just imagining a scenario if everyone really stop patronizing a certain foodcourt or curry puff (for example), say their business drop by 90% in 1 day.... after a week or two will they revise their prices downwards?
If the margin is really thin and the stall is dependent on volume-sales, boycotting it will cause it to close down.

If the stall is really profiteering with obscene margins, will the owner ngeh ngeh, stubborn, ego, refuse to give way to the market, demand side? That depends on the person.
 

chickenpiez007

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I know in reality wont happen cos SG got many rich elites, FTs and tourists.

But I am just imagining a scenario if everyone really stop patronizing a certain foodcourt or curry puff (for example), say their business drop by 90% in 1 day.... after a week or two will they revise their prices downwards?
I think you will start to stop hallucinating than the businesses to revise their pricing downwards........
 

testart

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I know in reality wont happen cos SG got many rich elites, FTs and tourists.

But I am just imagining a scenario if everyone really stop patronizing a certain foodcourt or curry puff (for example), say their business drop by 90% in 1 day.... after a week or two will they revise their prices downwards?

I guess is not everyone is united to face against the business.

Some people who can afford will still go eat and pay. These people don't care whether the rest can afford or not.
 

RinoaX

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Just spend within your means. Tighten up belts, interest rates are decent anyway.
 

amekago

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I know in reality wont happen cos SG got many rich elites, FTs and tourists.
But I am just imagining a scenario if everyone really stop patronizing a certain foodcourt or curry puff (for example), say their business drop by 90% in 1 day.... after a week or two will they revise their prices downwards?

it can tell u whether e increment is necessary or fake




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