How to tell your customers about your price rise

 Deciding to raise your prices can be a big step for your business. The next crucial step is to make sure your customers know what’s changing, why and when your new pricing takes effect.

If you’ve decided it’s the right time to increase your prices, it’s important to invest time in planning how to share the news of your new pricing.

Our small business advisor Steve McLaren recommends being clear and direct about your price increase. “If your customers are fully informed regarding the changes, they are likely to be more understanding and willing to accept them,” he says.

Read More: https://www.smallbusiness.wa.gov.au/blog/how-tell-your-customers-about-your-price-rise



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