Friday, March 28, 2014

Tips for raising your prices without losing customers


  • Every business has to raise its prices at some point and for many business owners particularly in
    competitive industries raising the price will be tricky
  • Take into account of all factors such as wholesale price, competitive rates, business expenses 
  • As your business develops, your product should be worth more. If you've proven your worth then customers don’t walk away
  • You can test the new price for the handful customers before passing it on to all the customers
  • You can use various strategies for increasing price by bundling the products together or by increasing product services



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