We have already talked about four ways to increase prices for your business. In that post, I’ve described four different techniques to raise your prices based on different situations as a reason for that step.
But, the real problem when we talk about raising the prices is the customer’s perception. I don’t know entrepreneurs who didn’t ask themselves the following questions: What will my customers’ reaction be when I increase my prices?
Will the customers continue to buy with the same quantity as before raising the prices?
Let’s talk about the possibilities that you as an entrepreneur can use to amortize the impact of raising the prices on your current customers.Read More about How to Raise Your Prices Without Losing Your Customers