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In this week’s podcast, we dive deep into the importance of not raising your prices on a whim. We explore how increasing your value should be the foundation for any price increase. Learn why it’s essential to conduct thorough market research, sampling, and beta testing before deciding on a price hike.
We also discuss why charging the lowest price won’t necessarily attract better customers and how undercharging can lead to unnecessary anxiety. Tune in to discover how to build a sustainable business without relying on discounts and sales.
Don’t miss out on these crucial insights for pricing your products or services effectively!
By Adanna AustinIn this week’s podcast, we dive deep into the importance of not raising your prices on a whim. We explore how increasing your value should be the foundation for any price increase. Learn why it’s essential to conduct thorough market research, sampling, and beta testing before deciding on a price hike.
We also discuss why charging the lowest price won’t necessarily attract better customers and how undercharging can lead to unnecessary anxiety. Tune in to discover how to build a sustainable business without relying on discounts and sales.
Don’t miss out on these crucial insights for pricing your products or services effectively!