Don't Screw Up: PRICING
Food Chain Wars
00:00
Price Increase Strategy - How to Increase Prices Without Losing Customers
Brooks: It's all about just being upfront and honest and giving your customers some time to absorb that price increase before you actually make it. The best pricing increase strategy is to watch it consistently and make those increases incrementally as you need to, he says. Brooks: Just remember that as you know we're in a period of inflation right now and it's just important to remember that you cannot carry the loadYour business can't carry the load of inflation you have to pass those cost increases to your customer he adds.
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