I have raised my price from $17.49 to 18.49 two days ago, and my sales have not been affected. My competitor selling the exact same product has only 20 items left in stock, and of course once his/her stock runs out my sales will further increase I believe; which will lead to my inventory run out pretty soon. My question is that what if I increase my price by further $1? Would this be a good strategy considering I only increased my price 2 days ago
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