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Japan’s Small Businesses Have a Problem. They Don’t Know How to Raise Prices

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Manage episode 431509816 series 3311220
Indhold leveret af Bloomberg and iHeartPodcasts. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Bloomberg and iHeartPodcasts eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Costs are rising in Japan and small businesses risk being squeezed into oblivion if they don’t figure out how to raise their prices. After decades of deflation, many small Japanese companies are out of practice on exactly how to do it.

Today on The Big Take Asia, host Rebecca Choong Wilkins talks to Bloomberg senior editor Reed Stevenson about a class he visited where people are relearning the long-lost skill of negotiation, and what a failure to raise prices at these small businesses – which make up 90% of the economy – could mean for Japan’s future.
Read more: BOJ to Cut Bond Buying as Fate of Rate Policy Stirs Jitters

See omnystudio.com/listener for privacy information.

  continue reading

501 episoder

Artwork
iconDel
 
Manage episode 431509816 series 3311220
Indhold leveret af Bloomberg and iHeartPodcasts. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Bloomberg and iHeartPodcasts eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Costs are rising in Japan and small businesses risk being squeezed into oblivion if they don’t figure out how to raise their prices. After decades of deflation, many small Japanese companies are out of practice on exactly how to do it.

Today on The Big Take Asia, host Rebecca Choong Wilkins talks to Bloomberg senior editor Reed Stevenson about a class he visited where people are relearning the long-lost skill of negotiation, and what a failure to raise prices at these small businesses – which make up 90% of the economy – could mean for Japan’s future.
Read more: BOJ to Cut Bond Buying as Fate of Rate Policy Stirs Jitters

See omnystudio.com/listener for privacy information.

  continue reading

501 episoder

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