Sleepless Knights Podcast

The Service Industry Bubble: What Happens Next (And How to Survive It) | Social Proof Podcast #553

Informações:

Sinopse

The service industry is entering a major correction — and most entrepreneurs have no idea what’s coming.Across the country, service prices have skyrocketed while customer satisfaction and perceived value have stayed the same. Haircuts, cleaning services, videography, coaching, design, consulting — almost every service-based business is charging more but delivering the same thing.And now the market is pushing back.Customers are cutting expenses. Jobs are being eliminated. Household budgets are shrinking. Subscriptions are getting canceled. Loyalty no longer exists in this new economy.