The article explores "Pricing Power"—a company's ability to raise prices without losing customers—as a core indicator of brand strength. Drawing on Warren Buffett's philosophy, it outlines five strategic methods to build pricing power: creating hard-to-replicate product differentiation, raising switching costs (exemplified by Apple's ecosystem), building emotional/status-driven brands (Hermès, Rolex), leveraging intellectual property and patents, and embedding trust deep in lifestyle (Coca-Cola). Thai SMEs can apply these frameworks to escape commodity competition and defend margins in saturated markets.
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