With price hikes that the public see as unreasonable (viz over the CPI rate), they tend to drop the service altogether and most companies have trouble wooing their ex-customers back.
Look at Netflix for a prime example as how not to go about price hikes.
just got my house insurance, page-4
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Last
$19.70 |
Change
0.030(0.15%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.59 | $19.71 | $19.48 | $35.18M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2065 | $19.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.70 | 80233 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
