How to increase prices without loss of profitable business?

Accounting Business Development Management

Question added by Muhammad Usman Tariq , Visiting Faculty , National University of Science and Technology
Date Posted: 2014/11/11

Upvote (0) Views (1) Followers (2) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

If the increasing prices are unavoidable; send official letters or circulars or leaflets to all loyal and long term customers justifying with the reasons for increase in your product/s by maintaining the quality and standards

Upvote (0)

Downvote Reply () Report

More Questions Like This

Enter the market with the new product and has same specification and quality and price less than a brand product now need to boost the price?
Top Answer: Let me use an existing example on the market of where new players are trying to break into a space domina ... See More

Answers (6)
Increasing the credit period from 30 to 60 days, in response to a similar action taken by all of our competitors, would likely result in:
Top Answer: an increase in the average collection period. See More

Answers (17)
How does finance supports business by focusing more on transformation and less on transactions to deliver added value?
Top Answer: Although the doctrine of finance transformation started years ago, the light at the end of the tunnel is ... See More

Answers (2)
How do I gain employment in the Middle East? How can I start my own business(es) in the Middle East?
Top Answer: Hi Timothy Though I may not be able to answer your question regarding finding employment in middle east ... See More

Answers (1)

Products By Bayt.com

Use Our Mobile App

Start networking and exchanging professional insights

How to increase prices without loss of profitable business?

Popular Searches

More Questions Like This