389 | Communicating Price Increases to Your Retail and Wholesale Customers with Katie Hunt
With everything going on in the global economy right now, there have been a lot of discussions about price increases. It's been a hot topic in Paper Camp, in our LABS community, and even in my Advisory Board mastermind.
People are asking about how to raise their prices, if they should raise their prices, and also how to communicate those price increases with your customers, whether you're selling retail or wholesale. And it's a great and valid question. I understand why people are asking it right now. So I'm bringing back an episode that we aired in 2022. It's called How to Communicate Price Increases with Your Customers, and this is honestly more relevant now than when I first aired this episode.
With increasing tariffs and practically everything getting more expensive, a majority of you will need to increase your prices. I want your businesses to survive for the long haul. I want you to thrive. I want you to be building a profitable business that will continue for a long time. Understanding when it's time to raise your prices and how to do that is going to be a critical piece for you maintaining your business. I hope you find this episode helpful.
Today’s episode is brought to you by our Proof to Product LABS coaching program. This is a coaching program specifically built for product-based business owners, with members from across industries and across the globe. We have member-only events inside of LABS, so request your invitation to join below!
Connect with Katie Hunt
Katie Hunt is a business strategist, podcaster, mentor and mama to four. She helps product based businesses build profitable, sustainable companies through her conferences, courses and coaching programs.
Website: prooftoproduct.com | Instagram: @prooftoproduct
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