ArticlesInflation is Decreasing. Should Your Prices Fall Too?

Inflation is Decreasing. Should Your Prices Fall Too?

Adapting to Pricing Pressures: How OEMs Can Overcome Post-Pandemic Challenges and Evolving Customer Expectations

Most original equipment manufacturers are struggling to factor a wide mix of variables into their pricing strategies. From the costs of raw materials and supply chain issues to consumer sentiment and labor challenges, OEMs are grappling with a multitude of challenges. As the economy creeps out of pandemic disruptions, pricing strategies won't get any easier. Decreasing inflation will lead customers to expect lower prices.

What will you do in response to this? Retain the status quo of traditional approaches?

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