Augusta
VIP Contributor
Price rise in a business is a common thing you need to monitor the price of products in the market to make yours as competitive as possible. The thing is you can still increase your prices of things without losing customers. You can do this way.
Try to communicate first to your customers the reasons for the increase. They need to know why it is happening.
You need to offer added value to the products with the price rise.
Don't just suddenly make the increase try to give advance notice. .then go ahead to give a satisfaction guarantee. ...
Don't just go increasing your price Be a little consistent with your prices. .
Try to communicate first to your customers the reasons for the increase. They need to know why it is happening.
You need to offer added value to the products with the price rise.
Don't just suddenly make the increase try to give advance notice. .then go ahead to give a satisfaction guarantee. ...
Don't just go increasing your price Be a little consistent with your prices. .