An increase that meets no resistance is usually filed as a win. It is better read as a measurement, and most businesses fail to read it.
SBy Steve··5 min read
A business raises prices six per cent. The letters go out, the invoices change, the sales team braces. Nothing happens. No cancellations, no renegotiations, barely an email. The management meeting records it as a success and moves on. It is a success, in the narrow sense that gross profit went up. But treating it as a verdict on the pricing wastes the most valuable thing the exercise produced: information. A price change is one of the few experiments a business runs on its own market whether it means to or…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.