Raised Prices And Lost Customers Here’s The Move
28 Apr 2026 · 1 min

0:34
In this brief advisory segment, Mike Andes addresses how businesses should react when customers cancel after a price increase. He suggests first separating a small subset of customers who are unreasonable (“idiots”) and deciding not to serve them. For the remaining canceled customers, he recommends a proactive outreach: explain that the price hike was due to increased costs, but express a desire to continue serving them. Offer to honor their previous price for a limited time (e.g., until May 1) to demonstrate goodwill and avoid appearing greedy. This approach aims to recover lost business by showing a service‑first attitude while filtering out unprofitable clients.










