Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

How Businesses Can Handle Tariffs Without Losing Trust #Tariffs

Name: How Businesses Can Handle Tariffs Without Losing Trust #Tariffs
Uploaded: 2025-03-18T14:00:25+00:00
Duration: 48 s
Channel: Tom Burton
Description: YouTube video (Tom Burton, Mar 18, 2025) advising businesses on handling tariffs and price increases by prioritizing transparency with customers and…

18 Mar 2025 · 1 min

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YouTube video (Tom Burton, Mar 18, 2025) advising businesses on handling tariffs and price increases by prioritizing transparency with customers and partners. Speaker(s) stress early, frequent communication about how tariffs affect costs and supply chains, and that clear explanation of impact makes customers more accepting of price increases.

Chapters

Look, it's all about transparency. It's all about coming to me early and often and talking to me about what is happening, and then working with us to navigate it together as partners. So that that ability to be transparent and show exactly the impact that this tariff has on your business, on your own supply chain, I think that's what the end user is accepting. So a price increase, with all that information, they're. They're saying, at least the eight that we had on the show were saying, that's okay. We don't love it, and nobody wants price increases, but we understand that you've got to put food on the table, and so do we. So we can go to our customers and say, we have to increase, you know, your prices because everything is more expensive. So I think that it just highlights the importance and.