Thinking of Raising Your Prices? Here’s Why You Should Consider Value-Based Pricing
As inflation continues to creep up and the cost of living rises, many businesses are reconsidering their pricing. However, like most business owners, you may be thinking “how can I raise my prices without losing customers/clients?”. One approach gaining substantial attention is value-based pricing. In this article we will dissect the intricacies of value-based pricing for you, drawing distinctions from cost pricing, reviewing its benefits, and providing a roadmap for effective implementation without losing your customers.