Price increase without informing your customers

AruneBend

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Customers should know about price increase however it's very hard to inform all customers it might be impossible most bussnesses don't want to inform them because they can lose a lot of customers
 
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Starmix

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That's right I agree with you. It really messes up our budget. Worry about not having enough money or worry about spending too much money and being wasteful. But we will be very happy when we know that the price has suddenly dropped.
We do not know if life will be the same again especially this time prices soar nonestop. It seems we're cornered by high prices which is why we need to have many jobs online.
 

Blessed19

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This is one of the best way to go about a business as there are a set of business people that always do this kind of things and it is those that charge mobile phone batteries and laptops whenever there is price increase in the always indicated and let the customers know and when there is reduction they also let the customers know.
 

Suba

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If you produce goods, you need to notify customers or agents that the price of goods has increased but the quality is guaranteed, be it via telephone or whatsapp. If necessary, explain the reason why the price went up.
 

astutimeliana723

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We do not know if life will be the same again especially this time prices soar nonestop. It seems we're cornered by high prices which is why we need to have many jobs online.
That's right I agree with you. I'm also trying to make extra money online. Because the cost of living is increasingly high and unpredictable. Meanwhile, the results of offline work did not increase.
 

Etini Willie

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In my line of business, we don't have static kind of customers. It is when they call or come around that they get to know about price change. Our customers don't come on a regular basis.
 

Starmix

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That's right I agree with you. I'm also trying to make extra money online. Because the cost of living is increasingly high and unpredictable. Meanwhile, the results of offline work did not increase.
The prices of commodities go up but some companies didn't increase the salaries of their employees. They should be considerate. Better in my workplace we received $600 salary increase across the board. I'm so thankful.
 

astutimeliana723

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The prices of commodities go up but some companies didn't increase the salaries of their employees. They should be considerate. Better in my workplace we received $600 salary increase across the board. I'm so thankful.
That's right I agree with you. Indeed, many companies do not pay attention to the welfare of their employees, even though employees are assets for the company that will help them to make a profit. You are lucky to work in a good company and have a suitable salary.
 

Starmix

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That's right I agree with you. Indeed, many companies do not pay attention to the welfare of their employees, even though employees are assets for the company that will help them to make a profit. You are lucky to work in a good company and have a suitable salary.
I'm a university lecturer own by the national government. And I also finished 2 graduate courses and one post graduate course. Our salaries differ in the university according to EQ. But all received across the board increase.
 

Abdul01

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There are times where due to inflation or the cost of production could make a business owner increase their price, but while doing this, every customer should be aware of the plans to increase price as soon as possible and once it has been increased, the customers should also be aware of the new price. Even customers have their rights, and one of them is the right to be informed.
Sure, they should actually be informed duely and the reason for the increment should be known to them too , so it won't feel like putting them in the dark side , this will make customers see transparency in the business.
 

Tracee1

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There are times where due to inflation or the cost of production could make a business owner increase their price, but while doing this, every customer should be aware of the plans to increase price as soon as possible and once it has been increased, the customers should also be aware of the new price. Even customers have their rights, and one of them is the right to be informed.
There are times were you don't have much choice in the matter for instance i order and Delivery diverse products, so in this case i let the individual customer know of the increase when they want to purchase a particular item, so the only thing we can do is to tell them in general announcement of increase in the price of some items.
 

Smalto

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Yes innyy

There are times where due to inflation or the cost of production could make a business owner increase their price, but while doing this, every customer should be aware of the plans to increase price as soon as possible and once it has been increased, the customers should also be aware of the new price. Even customers have their rights, and one of them is the right to be informed.
Yes, I agree with you, in as much as price could fluctuate at any given time, it will be a nice thing to also inform the customer about the latest development as regards to the price so be it she will not be surprised when they come to patronize you.
 

hastral45

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There are times where due to inflation or the cost of production could make a business owner increase their price, but while doing this, every customer should be aware of the plans to increase price as soon as possible and once it has been increased, the customers should also be aware of the new price. Even customers have their rights, and one of them is the right to be informed.
Increasing the prices of commodity without informing the customers head would have negative effect on the sales records. You must inform the customers and let them prepare for any changes that may occur in the company.
 
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