Marketing School - Digital Marketing and Online Marketing Tips
Marketing School - Digital Marketing and Online Marketing Tips
Eric Siu and Neil Patel
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Should You Raise Prices in a Recession? #2336
6 minutes Posted Jan 11, 2023 at 2:00 pm.
] Today’s topic: whether you should raise your prices during a recession.
] The consensus among economists today regarding the possibility of an upcoming recession.
] The decline in digital ad spend and digital overall.
] The last real recession we had in 2008.
] Why you shouldn’t increase your prices during this time unless you have to.
] Why you should try to keep your pricing consistent or reduce it if you can afford to.
] An example of how focusing on pay for performance is effective in a recession.
] An invitation to join us in Miami for Leveling Up Founders.
] That’s it for today! Don’t forget to rate, review and subscribe!
] Go to https://marketingschool.io/live to learn more!
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In episode #2336, Neil and Eric discuss whether or not you should raise your prices during a recession. A decline in digital ad spend and overall investment in digital has been reported lately, and use the last real global recession as a point of reference. You’ll also hear an example of a recession-proof strategy along with our predictions for the changing financial climate. Tune in today to hear all this and more! TIME-STAMPED SHOW NOTES:
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[03:59] Go to https://marketingschool.io/live to learn more!
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