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5 Comments

The pricing sweet spot?

How did you find your pricing sweet spot?

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

  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.

    1. 1

      Simple I like it.

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

      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.

  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.

  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"

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