Customers are usually understanding if businesses need to increase rates just due to inflation or a rise I expenses. But one example was interesting as a person was saying how a restaurant he frequently went to usually charged about $20 for a pizza and this is a place that is meant for people to dine in versus takeout delivery. You would expect the quality to be a lot better too. Apparently, the restaurant raised its prices and now that same pizza goes for about $40. That’s a heck of an increase and so this made him not want to visit it again.
These situations made me wonder if the business genuinely needed to raise prices due to things such as an increase in rent. Or, does the business simply want to make an extra million for the year as an example? I was thinking, if I ran say a restaurant where I was successful thanks to all my longtime customers I would hesitate to increase prices like that just so I could make more. It would be the opposite where I would constantly try and find ways to maintain quality while reducing the cost so that I can serve as many people as I can.
If I ever wanted to make more then I would need to create say more options. Like saying, if I had a supermarket, I wouldn’t increase the bag of apples from $5 to $10 just because I want to make more. I would need to add new things like oranges. Just seems a little wrong for a business to treat customers like a video game simulation as you try to make the most out of them.
