Posts
What to do when your competitors drop their price
If your competitors drop their prices what do you do? Do you follow suit or stand firm?
In this post I’ll cover the situations where you too may consider cutting your prices, and when you might not!
Consider dropping your prices if:
1. Your…
How To Implement A Price Decrease
A few posts back I covered When To Lower Your Prices. In this post we’ll look at the ways to implement a price decrease.
Price fall
The most straight forward tactic is to simply reduce the price. You will want to include this exciting…
How To Implement A Price Increase
In my previous blog post When To Increase Your PricesI discussed the circumstances when a price rise may be in order. Once you’ve decided to increase prices you need to decide how.
There are a few ways you can implement price increases;
Price…
When To Lower Your Prices
Last time we looked at when to increase your prices. Today we’re looking at when to lower your prices. ‘Why put prices down?’ you may ask. If you evaluate your range of products and services sometimes cutting the price is the right choice.…
