Charles Rolls: Low Prices Forgotten

Posted by admin on Monday, August 28, 2023

Meaning of Charles Rolls Money Quote: saying people are quick to forget low prices if compared to poor quality. Charles Rolls said:

 

 

“Poor quality is remembered long after low prices are forgotten” — Charles Rolls

 

In this quote, Charles Rolls is emphasizing the importance of quality over low prices when it comes to business. He suggests that customers will remember poor quality products or service long after they’ve forgotten any savings or bargains. Rolls is conveying that focusing too much on low prices and cost-cutting can undermine quality and damage a company’s reputation over the long run.

His message is that businesses are better off prioritizing consistent quality even if it means higher prices, as this will build lasting customer loyalty and trust in the brand. In the end, quality is more valuable than a fleeting advantage from lower prices.

Birthday August 27, 1877 – Died July 12, 1910 together with Henry Royce, he helped to found the Rolls-Royce automotive manufacturing brand
 

 

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