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5 Ways to Raise Your Prices Without Losing Customers - Building Online Business
Amazon made news in April when the e-commerce giant announced plans to raise the price of its annual Prime membership to $119, up from $99. A $20 annual increase works out to less than $2 a month, which certainly isn’t much, especially when you consider that it entitles members to free two-day shipping and streaming access to lots of TV shows, movies, music, and even sports. Still, the internet was filled with outrage and complaints from angry Prime members (and non-members). That kind of backlash is enough to scare a small business away from raising prices—even though that’s something that
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