How to Raise Your Prices Without Losing Your Customers

Posted by Moira McCormick on May 20, 2020

 

We are going through tough economic times.  You may believe that the easiest strategy to get customers flocking back would be to lower your prices.  Alternatively, you could consider raising your prices to bring in some much-needed revenue.  If you take the latter path there’s bound to be trepidation that this could be the final nail in your retail coffin, that your customers will abandon you for those other retailers offering cheaper products.

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Topics: Customers, raise prices

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