Navigating Price Increases: 5 Tips for Announcing a Price Increase to Your Customers

July 24, 2020 in Blog

Announcing a price increase can be difficult for business owners. This is because there are many fears associated with how customers will react to a sudden increase in prices. Many businesses feel that customers will not be ready or receptive to new price changes, causing sales to plummet. But what do you do when you need to increase your prices and also maintain your customers?

Here are 5 tips to help you navigate announcing a price increase to your customers. Continue reading »