Sign inJoin
4
5 Comments

The pricing sweet spot?

by Sam

How did you find your pricing sweet spot?

Sweet enough that it didn't discourage too many sales.

Sam's avatarSam
on January 31, 2021
Say something nice to samic8…
Post Comment
  1. 2

    Price based on the value of your product. If it is high, price higher. If it is non-existent, give it away for free.

    AlexBuran's avatar AlexBuran
    ·
    6 years ago
    ·
    Reply
    1. 1

      Simple I like it.

      I like the idea too that pricing can influence the perceived value of your product.

      Sam's avatar Sam
      ·
      6 years ago
      ·
      Reply
      1. 2

        Yes, if you build a story behind your product, you can actually charge more. Nike doesn't sell shoes. It sells a feeling for a conqueror, a hero.

        AlexBuran's avatar AlexBuran
        ·
        6 years ago
        ·
        Reply
  2. 1

    I’m still looking. Upped the mid tier price by $150 begin December, no drop in sales.

    Can probably be higher, mid tier is targeted at small business. Current price is 650 a year which is next to nothing for a successful company.

    I’ll find the sweet spot eventually but am not in a hurry.

    rikschennink's avatar rikschennink
    ·
    6 years ago
    ·
    Reply
  3. 1

    Hi Sam,

    I wrote something about this in my bootcamp, I hope it helps!

    https://nugget.one/price

    Thanks,
    Justin

    p.s. Most relevant for your question is "Part 2: Set a Starter Price"

    justinvincent's avatar justinvincent
    ·
    6 years ago
    ·
    Reply