should i tell people I'm raising my prices?

[AutowerxDetailing]

Here is what I have done in my business:

1. Whenever I raise or change a price of a package or service there is no announcement for the change.

2. Customers who are on a maintenance package are "price locked" forever at whatever price they started at. I freaking HATE when companies change pricing on me for something I'm already consistently giving them money for so I choose not to do it with my business.

You have to ask yourself "What is the benefit of announcing a price change?" Do people even really keep track of your pricing as close as you think they do?

Best advice: honor your current quotes. Other than that people should understand that things change, costs of doing business change, services are improved upon and therefor costs increase accordingly, etc.

Best of luck with your business venture!

[Kengo123]

You have to ask yourself "What is the benefit of announcing a price change?" Do people even really keep track of your pricing as close as you think they do?

Best advice: honor your current quotes. Other than that people should understand that things change, costs of doing business change, services are improved upon and therefor costs increase accordingly, etc.

Best of luck with your business venture!

Great point

[Driven Auto Detail]

Here is what I have done in my business:

1. Whenever I raise or change a price of a package or service there is no announcement for the change.

2. Customers who are on a maintenance package are "price locked" forever at whatever price they started at. I freaking HATE when companies change pricing on me for something I'm already consistently giving them money for so I choose not to do it with my business.

You have to ask yourself "What is the benefit of announcing a price change?" Do people even really keep track of your pricing as close as you think they do?

Best advice: honor your current quotes. Other than that people should understand that things change, costs of doing business change, services are improved upon and therefor costs increase accordingly, etc.

Best of luck with your business venture!

Fantastic advice!

[allenk4]

allen: tough to call because up until around the first of July, I was doing 100% dealer work about 40 miles from home. decided to give it up and come back home to try to take this business to the next level. its been a tough summer trying to get my old clients back while getting new ones. have done a somewhat aggressive advertising campaign the past 6 weeks and have gotten about 20 new clients. and more people calling every day.

What did the advertising campaign consist of?

Were all 20 new clients a result of the ads?

What was the cost per new Customer?

[Pureshine]

I've raised my prices by a lot in the past 1 year with no notice and only a few customers have complained. They where the ones that haven't been back in over a year and I offered then $25 offer to make them happy.

[01GreyStangGT]

Raise them and move on. That's what I have done in my business. Having to remember what customers pay what price because you are only raising it for new customers could be cumbersome.