Hearing Salesforce Inc New List Pricing For Salesforce Products; In August, Salesforce Will Be Increasing List Prices An Average Of 9% Across Sales Cloud, Service Cloud, Marketing Cloud, Industries And Tableau
Portfolio Pulse from Benzinga Newsdesk
Salesforce Inc has announced that it will be increasing list prices by an average of 9% across Sales Cloud, Service Cloud, Marketing Cloud, Industries and Tableau in August.
July 11, 2023 | 12:28 pm
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NEUTRAL IMPACT
Salesforce's decision to increase prices could potentially lead to increased revenues, but may also risk losing customers to cheaper alternatives.
The price increase could potentially lead to increased revenues for Salesforce, which would be positive for the stock. However, there is also a risk that the price increase could lead to customer loss if customers decide to switch to cheaper alternatives, which would be negative for the stock. Therefore, the net impact on the stock is uncertain at this point.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100