This quote essentially speaks to the concept of value over cost. It suggests that while it might be easy to attract customers or sell a product by simply lowering the price, it doesn’t necessarily create a loyal customer base. This is because price-based competition is a short-term strategy; there will always be someone else who can offer the same product for an even cheaper price. However, loyalty is not built on price, but on the perceived value and quality of a product or service.

This idea is incredibly relevant in today’s world where competition is fierce in nearly every industry. Businesses need to focus on building strong relationships with their customers, providing excellent service, and delivering high-quality products. This is what breeds loyalty, not a race to the bottom with pricing.

In the realm of personal development, this quote could be interpreted as a reminder to not undervalue oneself or one’s skills. Just as businesses should not rely solely on low prices to sell their products, individuals should not rely solely on being the ‘cheapest’ option to sell their skills or services. Instead, they should focus on demonstrating their value and quality, which in turn can foster more meaningful, loyal relationships.

In essence, this quote is a reminder that true loyalty, whether from customers or personal relationships, cannot be bought with cheap prices or quick fixes. It must be earned through consistent value and quality.