JVR Psychometrics will be implementing a price increase effective from 1 August 2023.
The new prices will reflect an increase of 5.5% across our product range.
This increase is due to the increased levels of exchange rate volatility as well as inflation we have been experiencing in South Africa in recent months.
JVR Psychometrics' pricing policy is to:
- Align our prices with international published prices, taking into consideration the volatility of exchange rates.
- Strive to maintain price stability throughout the year.
We periodically review and adjust our prices (typically in January each year) to match our ZAR prices as closely as possible to internationally published dollar prices, and then keep it fixed for the year. During times of increased volatility, we may be forced to increase prices during the year. We try as far as possible to prevent this through supplier negotiations, forward cover, and more. We are aware that our clients are often bound by contracts and/or budgets (ourselves included) to provide stable pricing for a year.
We want to emphasise that the current price increase will be considered in January when our suppliers publish their prices for the new year, in line with our pricing policy above. This allows us to ensure that we don't run unnecessary risks in the short term and that our prices remain competitive and fair in the longer term.
Should you have any questions, comments, or concerns regarding this price adjustment, we encourage you to reach out to us. You can contact us via email at email@example.com or by phone at 011 781 3705.
Thank you for your continued trust and support as we strive to deliver exceptional psychometric solutions to meet your unique needs.