Poll question: Inflation
Prices are rising. Are your customers complaining?
Whether you’re a retailer, a distributor, or manufacture, the laws of supply and demand are working to bring increased and growing attention to the price tag on your products and services.
The United States inflation rate increased to 4.7% in 2021, up from 1.2% in 2020.
Some customers take increases without objection. Others will go to the mat over minimal raises.
Overall, how would you describe your business’s customers’ attitude to higher prices.
