Ideas into Reality

​My main supplier just informed me of 17% price increases effective this past Monday. Yikes!

I was told this was a potential situation but that it was looking like April or May. Places an order today and I was informed about the price change. Ughh.

How much of this should I pass on to my customers?

All of it? Some of it?

In the past we have passed 100% on to the customers but it has always been inflationary 2% – 3%. We sell industrial and medical equipment from a pretty big brand so most of the industry is getting hit with this. I want to remain competitive but not starve.

submitted by /u/RealSeat2142
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