We’ve never taken repricing for our clients so seriously this year.
There’s a big reason for that. Our costs have been skyrocketing due to increasing wages, fluctuating exchange rates, and rising subscription fees over the past few years. Not only that, but we’ve noticed a few others in the industry raising their prices too
If we don’t adjust our prices for that, we will be taking a pay cut.
If we stick to our current prices while our costs keep going up, our profit margin will either vanish or turn into losses, which we don’t think any of us would want at all.
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