Key considerations when raising prices as part of a marketing strategy include understanding the value perception of your customers, assessing the competitive landscape, and considering the potential impact on customer loyalty and retention. It's also important to communicate the price increase effectively to customers, explaining the reasons behind it and how it will provide them with enhanced value.

Question was asked on:

Need a marketing strategy that can get results fast? Here is a practical and uncomplicated 1-page marketing plan that you can complete today and increase your return on investment. provides a framework that clearly defines your marketing strategy and how to get, keep, and realize value from customers. Discover why you need to pursue an even-tighter market niche, how to get inside prospects' heads, and why you should raise prices. Learn how to be perceived as a welcomed guest rather than a marketing pest. Finally, create your tribe of loyal customers and receive successful referrals.

Asked on the following book summary:

resource preview

The 1-Page Marketing Plan

Need a marketing strategy that can get results fast? Here is a practical and uncomplicated 1-page marketing plan that you can complete today and incre...

Download and customize hundreds of business templates for free

book summary Preview

View all chevron_right