Price increase while keeping customers happy

[aovurevu]

This is how it is. There are even times when you should not increase ethe price of your product. You can simply reduce the quantity but some customers will not like it that way so you have to choose one.

Yeah, you might have noticed what your customers are always after when they come to you , sometimes they are always complaining of the quantity, quality or price, knowing this will make you know what to do regarding the cost ,either reducing the quantity or increasing price

 

[Bisolami]

Yeah, you might have noticed what your customers are always after when they come to you , sometimes they are always complaining of the quantity, quality or price, knowing this will make you know what to do regarding the cost ,either reducing the quantity or increasing price

So you should just make one for each of them. Since you know what all of them will be interested in, you should know how to satisfy them so that they will not start patronizing other people.

 

[Stardom22]

I think it's not possible for making all the customers happy when you raise the prices of your products in the business. However you must place a notice about the price increments on the customer's entrance point a week or so prior to the change in the prices.

 

[hastral45]

As a business owner, there would definitely come a time where the price of your goods and services would have to go up, probably due to the cost of production or the current situation of the economy. In such a case the customers would definitely not be happy with this decision even when they are very much aware of your reasons. What do you think should be done to keep the customers happy during this period.

Incentives could be the best alternative solution on how to make your customers happy as a result of increase in price which is necessitate a a result of prevailing conditions. With this incentive, the customers would be able to agree with the present situations that compelled the causes.

 

[cherry123]

Yeah there should be no incessant increasing of product or services prices customers would support increase that is a gradual one. so price of products should be increased In bits

 

[IB D]

Yeah there should be no incessant increasing of product or services prices customers would support increase that is a gradual one. so price of products should be increased In bits

When the economic situation demands that they should be a price increase, it would be obvious. It is only customers that are wicked that would expect you to operate at the same price even when inflation has hit the economy.

 

[cherry123]

Sell, a Seller can't help it when the economic situation demands that they should be a price increase, it would be good to first informthe buyers though before implementing it

 

[IB D]

Sell, a Seller can't help it when the economic situation demands that they should be a price increase, it would be good to first informthe buyers though before implementing it

True this. You just have to inform the buyer when he comes and make him understand why prices increased. Yesterday, I went to have my haircut and my barber just told me that the price has doubled because of the price of fuel increasing.

 

[cherry123]

That's my point exactly. There will always be price increase but you just have to inform the buyer or your customers before hand so that they will be aware and know

 

[Hate2Wait]

If we can keep our customers aware of the reason of price rise then the customers may not mind as they will be aware of the factual reason and may support too

 

[Niyi Briggs]

Incentives could be the best alternative solution on how to make your customers happy as a result of increase in price which is necessitate a a result of prevailing conditions. With this incentive, the customers would be able to agree with the present situations that compelled the causes.

What incentives would you give to cushion the increase in price that would still not cost you? You just have to face it and increase the price. And make sure it is a general increase among other dealers. Your customers would still buy.

 

[Etini Willie]

There is a trend among people that sell. The trend is that if something happens and prices go up, when whatever caused the prices to go up subsides, they fail to go back to the fair price. But if you are known to be fair with prices, reducing and increasing fairly, customers won't have a problem with you fairly implementing a price increase. B

 

[aovurevu]

So you should just make one for each of them. Since you know what all of them will be interested in, you should know how to satisfy them so that they will not start patronizing other people.

Yeah, since the datas gotten from each of them might be the same , so you can just go with the one with highest number of people requesting for it in a particular way , this way is just like comparing that to the whole since their needs can't be satisfied individually.

 

[King Belieal]

You can decide to pre inform the customers before you increase prices of the products of your business.