Business scaling and higher operating costs
Economic factors and rising costs of production
Direct price increase announcement
Updating current pricing on your website or app
Announcing a price increase on social media
Create unique messaging for various customer segments
Make the price increase announcement early
Remind customers that the price increase means more value
Provide loyal customers with limited promos and bonuses
Suggest freemium users to change plans before new prices take effect
Don’t introduce new pricing more than once annually
Make your customer service team constantly available to user feedback and issues
How do you make your customers understand that the prices are not subject to any arbitrary changes?
Is it necessary to notify customers of every price increase?