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How To Get Away With Your Price Increase
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In yesterday's episode we discussed the fact that most of the businesses I have helped all have made the mistake of not charging enough for their products and services.
We looked closer at just how powerful and effective a price change can be for your bottom net result.
But in conjunction with the advice of increasing your price by far the most common objection I receive is that of: "But, I cannot charge any more; I'll lose business to my competitors!" or words to same effect.
So let's handle this objection. Just how could you get away with a price increase? How can you charge more than all your competitors, even in a highly competitive marked?
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