Strategy

6 min

Price is a promise: pricing through a volatile decade

Customers now expect prices to move. The companies that keep their trust explain why, segment carefully and move first.

Portrait of Ines Hartley by a window in a high-rise office

Ines Hartley

Managing Partner

A hand placing a blank price label on a supermarket shelf

After several years of rising costs, customers have learned to expect price changes. What they punish is surprise.

Explain the move

The companies that held volume while raising prices told customers what had changed and when they would review it again.

Segment before you move

Not every customer values the same thing. Small, targeted changes beat a single list-price increase almost every time.

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