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27 sats \ 1 reply \ @SimpleStacker 2 Oct \ on: Enemies of Private Property Snitch on Small Businesses for "Price Gouging" Politics_And_Law
That being said, this is a good way to put a target on your back for social media activists, especially doing this during a crisis.
To do this a little more smartly, you should keep the lower priced signs but conveniently "run out" of the lower priced options.
Not that I would advocate for such a thing, mind you. I'd probably opt to keep prices only slightly raised during a crisis period because my marginal value of social capital is probably higher than my marginal value for a dollar.
I thought it was interesting how different stores navigated this during Covid. You can raise your prices a little on both the goods in short supply as well as everything else, if you restrict how much people can buy at once.
When you’re known to be a place that has a limited supply of things that other stores are out of, customers bring their one-stop shopping to you.
There are lots of ways for entrepreneurs to approach this.
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