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2022 Trends Report Takeaways

eComFuel

00:00

Are You Raising Your Prices?

Two thirds of people said there was no change in their revenues when their prices went up. For a quarter of people, revenues actually increased. In 86 % of the cases, there was a positive outcome from raising prices. If you have not raised your prices, raise your prices. And worse case happens, revenue goes down al a bit. It may even still be, you know, aplase. Andy only for about 14 % of people, Revenue decreased. The one i did think was interesting was suppliers, on average, raised prices on store owners about 15 % were as merchants. This is too bad because this cannot hurt margins, as we'll see here.

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