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You are here: Home / HUTCH'S BLOG

How Are People Reacting To Rising Prices?

May 15, 2022 By Ian Hutchinson

By now, your clients or members will have seen any price increases that you’ve implemented since last year.

Whether it’s a hike in food and beverage prices, membership, rounds or products, the golf industry is no different than the rest of Canada these days with the cost of everything rising.

That, of course, means business expenses going up, whether it’s a food and beverage department paying more for meat, vegetables and other groceries, or other aspects of your operation dealing with their own costs.

The price of gas, hovering around the $2 a litre mark in some parts of Canada, much more in other areas, is sure to increase prices just for delivery and that must be passed along to the consumer, already dealing with inflation outside the golf course.

So how are consumers reacting to price increases caused by inflation and other factors?

That’s the question in this week’s GNN Poll.

You can answer below or on the GNN home page and if you’d like to add a few thoughts on this subject, please use the Comments section below.

How are consumers reacting to price increases this year, caused by inflation and other factors?

  • Understanding that it’s part of business. (45%)
  • Angry, but understanding that it’s part of business. (33%)
  • Angry. (22%)

Thank-you.

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About Ian Hutchinson

'Hutch' is a veteran Canadian golf writer, whose history in the game includes an extensive background with Canadian golf trade publications. Hutch is also a regular contributor to publications and websites in Canada and the United States.

FILED: HUTCH'S BLOG

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How has spending by customers/members so early in the season been affected by inflation at the golf business where you work?

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