March 3, 2023
Tamir Scheinok
The news is crowded with stories about the pace of inflation and rising costs. We hear stories about corporations raising their pricing almost daily. Yet there is no rule that if a company’s costs increase that the company needs to react immediately by passing those costs to consumers.
In some cases, the price hikes have nothing to do with profits. If you look at the public financial disclosures of the corporations that announce price changes, you will find that some corporations are realizing “record profits” at the same time as it raises their prices.
https://link.furtherreach.net/greed
We began exploring how to respond when the inflation news began early last year. Further Reach is seeing the same price hikes that many of you are: fuel costs, shipping costs, and supply chain issues in general. However, our social mission keeps us focused on sustainability, not avarice.
We challenged ourselves to find a way to increase plan speeds without pricing changes. We spent the better part of last year making this possible.
Today we are thrilled to announce that we have significantly increased all plan speeds and have no plans to raise prices.
Enjoy! #ConnectLocal
