Shipping a Black Friday sales banner in a hotel lobby sipping whiskey hits different.— Danny Postma (@dannypostmaa) November 20, 2024
Shipping a Black Friday sales banner in a hotel lobby sipping whiskey hits different.
— Danny Postma (@dannypostmaa) November 20, 2024
Thanks Claude 😘 pic.twitter.com/57weVGKNrw— Danny Postma (@dannypostmaa) November 20, 2024
Thanks Claude 😘 pic.twitter.com/57weVGKNrw
Black Friday deals are a bit like alcohol, you feel good while you drink it and then the hangover follows. You make lots of sales during the campaign, but you decrease the value of your product throughout the year.
There's some truth to that, but there's also a strong counterargument. Different people are willing to pay different prices for products. If you never offer discounts, then you'll never reach the cohort of potential customers for whom your product is too expensive. But if you offer random discounts throughout the year, or if you engage in price discrimination by region, then your high-paying customers might decide it's not fair and decide they don't want to pay as much.
An annual discount period like Black Friday solves both problems. It gives bargain shoppers who'd ordinarily never buy your product a chance to get it a price they can afford. And it (typically) doesn't piss off your existing customer base, because it's become a thoroughly mainstream and accepted tradition by this point.
Most founders I know who do Black Friday sales have continued to do them year after year, because they find it worthwhile.
I should probably do the same for Indie Hackers Plus. 25% off sounds about right
Think so too. 25% sounds right
Hey Cortland I want to ask if you are interested in purchasing IndieHub for a decent price please reply .https://indie-hub-g1xg.vercel.app/
I'm not, but thanks for asking