"Nobody ever went broke underestimating the taste of the American public"

This quote by H. L. Mencken implies that organizations can be successful by offering product or services that appeal to the most affordable common measure. To put it simply, companies can earn money by appealing to the masses and not necessarily by providing the greatest quality service or products. This quote suggests that organizations must not be too ambitious in their offerings, as the American public might not want to spend for higher quality products or services. It indicates that organizations should focus on offering product or services that are inexpensive and accessible to the general public, as this is most likely to be more effective than trying to offer more costly, higher quality services and products. Ultimately, this quote recommends that businesses must not ignore the public's taste, as this might cause financial losses.