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Business strategy
Disadvantages of Increasing Price for Revenue Growth
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[QUOTE="Suba, post: 337915, member: 3658"] If you increase the price of your product for reasons only to increase revenue, it will have a very bad impact on your business, because similar products and the same quality are also offered by competitors at the same price, maybe even lower, so your product will not be accepted by the market or customers will use the product. competitor. So to increase product prices you must have a strong reason, such as improving product quality, increasing raw material prices. [/QUOTE]
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