Cheap at Twice the Price: Can Raising Prices Really Bring in More Business?

Jul 5, 2011   //   by John Tabita   //   Business, Sales  //  No Comments

Do higher prices mean less business? Or can increasing your rates actually bring in more business?

Last week, I explored the idea that raising prices can actually increase business. To many business owners, this is counter-intuitive. Most believe higher prices means less people will do business with them. But is that really the case? Some people have too much business because they charge too little. Others don’t have enough for the exact same reason.

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