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Old 10-20-2009, 05:12 PM   #1
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Default $7, 17, 27, 37 Price report Link needed

I was reading a post the other day that asked the question why do so many IM products end with the number 7.

Somebody posted a link I think it was called the "price report" but I can't find it does anybody have the link?

Thanks

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Old 10-20-2009, 05:18 PM   #2
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Default Re: $7, 17, 27, 37 Price report Link needed

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Originally Posted by WhamSoft View Post
I was reading a post the other day that asked the question why do so many IM products end with the number 7.

Somebody posted a link I think it was called the "price report" but I can't find it does anybody have the link?

Thanks
Let your product speak for itself and sell it for what you feel it is worth. No matter the price, if it is of value then it will sell... (as long as there is a need for it)

Value = Sales
Over-Delivering = Repeat Customers
Support Of Product = Happy Customers / Visitors

Put them all together and you have a winner, who cares what your price is because that "7" is not going to matter if you master the above.

James
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Old 10-20-2009, 05:26 PM   #3
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Default Re: $7, 17, 27, 37 Price report Link needed

Are you talking about this thread?
http://www.warriorforum.com/main-internet-marketing-discussion-forum/130731-word-killer-price-tags-ending-7-a.html


I replied to that thread where I talked about Jonathan Leger's report called “7 Dollar Secrets”, you can see it here:
7dollarsecrets.com
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Old 10-20-2009, 05:26 PM   #4
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Default Re: $7, 17, 27, 37 Price report Link needed

Hi James,

I appericate the advice, but I did notice your signature, I think value is not only restraint when it comes to buying/selling
400+ Authority Bookmarks - Starts @ $8.77 I'm keen to find out what information the price report held.

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Old 10-20-2009, 05:29 PM   #5
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Default Re: $7, 17, 27, 37 Price report Link needed

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Originally Posted by WhamSoft View Post
Hi James,

I appericate the advice, but I did notice your signature, I think value is not only restraint when it comes to buying/selling
400+ Authority Bookmarks - Starts @ $8.77 I'm keen to find out what information the price report held.
Ok go look at some of my products and you will see like $54.00 - $23.00 - and etc .. I ended all my bookmarking packages in .77 because I was lazy..

Point is quality is what you want to produce to your customers. I could make that $8.77 into $9.00 and it will still sell just as good..

James
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Old 10-20-2009, 05:32 PM   #6
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Default Re: $7, 17, 27, 37 Price report Link needed

Thanks, that was the post I was looking for, btw anybody else using the link needs to copy and paste as href:link is duff.

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Old 10-20-2009, 06:33 PM   #7
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Default Re: $7, 17, 27, 37 Price report Link needed

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Originally Posted by TheRichJerksNet View Post
Ok go look at some of my products and you will see like $54.00 - $23.00 - and etc .. I ended all my bookmarking packages in .77 because I was lazy..

Point is quality is what you want to produce to your customers. I could make that $8.77 into $9.00 and it will still sell just as good..

James
This thing with the 7 is quite connected with the IM world I think. Apparently this number is quite special and it is memorable somehow. But I totally agree that your product will sell if it's good no matter with which number it ends :-)

But if it's like a major product that is already doing well and converting well, I would eventually do a price test starting low and increasing, until the best ROI is achieved.

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Old 10-20-2009, 06:59 PM   #8
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Default Re: $7, 17, 27, 37 Price report Link needed

I was told that it used to be .99 then it was .95 now the new trend is .97 I don't know why as well mate, but I must admit I end all my products with a 7 even on eBay, lol.
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