Will you be increasing your prices?

[Grant]

Whether you sell products in a store, or sell a service, are your prices going to go up for the new year? Inflation has been a major bummer for working online, and it's been so bad that many are increasing their prices. I thankfully already raised my prices a while back, but inflation is still getting worse, so I wonder if I need to raise prices again. Have you found you need to raise prices at all to catch up?

 

[Kane]

I prefer to cut my profit margin so that I do not have to raise my price when cost of production increases. When you increase price, sales will go down.