Reflect on Alex Hormozi's experiences of dramatically changing prices. He shared how increasing service quality and raising prices led to higher profits while cutting prices led to losses. Think about your own product or service. What value could you add that might justify a price increase? Share your thoughts on when and how to adjust your pricing strategy in the comments below. Aim for 25 to 100 words in your response. Then, interact with your classmates by commenting on 2 different comments. Also, show appreciation by liking 3 comments that provide unique insights.