Presently the economy is no where near friendly, the price of goods and commodities has gone up. Almost every business owner in my area is increasing the price of their services and products. Have you increased yours, or do you think retaining your old price while others increase there’s would generate more sales for you?
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Increasing the price of products and services should be when there's inflation, no any business owner will increase the price of their goods just for the heck of it, there has to be an underlying reason for doing that. Increasing price of your products should be aligned in a way that it reflects theRead more
Increasing the price of products and services should be when there’s inflation, no any business owner will increase the price of their goods just for the heck of it, there has to be an underlying reason for doing that.
Increasing price of your products should be aligned in a way that it reflects the Product’s value and not inflated to chase profits.
See lessThere is nothing that we can do as business people than to raise the prices of our products. The prices of inputs are steadily increasing and we don't have any other option as business people than to effect a price increase in our products or we would be out of business. I have already increased theRead more
There is nothing that we can do as business people than to raise the prices of our products. The prices of inputs are steadily increasing and we don’t have any other option as business people than to effect a price increase in our products or we would be out of business. I have already increased the price of my birds for my poultry farm. A 2kg live chicken now sells for $3.5 from in my farm from the $2 we used to sell sometime ago. Increase in prices of products by businesses is a cause and effect thing.
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