Is it good to increase your store prices when you have a lot of demand

Is it good to increase your store prices when you have a lot of demand. Demand and supply regulate prices. It is a basic rule that any economist and person with common sense understands. In a perfect world, the market is regulated without asking this question. When you have little supply and a lot of demand, you increase the price to earn more. It is just a “problem” that I am having at the moment so the doubt has arisen naturally.

In the short term, increasing prices makes sense

In the short term, increasing prices makes sense Thinking industry email list in the short term it is obvious that you are going to earn more . In the medium and long term I am not so clear. You have to look only at the largest ones. Without going any further. Think Amazon. The other day I saw a graph of earnings over the last few years that have been more or less stable over the last 10 years. On the other hand, turnover has been increasing continuously.

In the long term it is better to offer the best possible price

In the long term it is better to offer the Phone Number BL best possible price We are not Amazon and to be honest we are not even going to come close to a hundredth of what Jeff Bezos’ giant is capable of. But learning from the best I follow the same philosophy. For products that you can get anywhere else, I seek to offer the best possible price . It is not always the lowest on the market but many times it is.

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