Sell low or high?
Got a quick question. I have a, let's say, very good quality product. It's going good. Now I'm in a phase where I'm experimenting with different prices, and I've developed some theories on that (I'll share later), so... first I was selling for the "regular" price, 47$, then I put the price on 97$ - and it's also selling okay, but I still feel like it's not the right price which will bring the most conversions in the end.
I was wondering what your opinions are on pricing. Would you rather charge big bucks if the product is really good - and make it more "exclusive", less people would buy, but you'd get more money per sale - or (I was thinking about this), would you charge a really small amount - like, 20$ or something like that - and maybe earn more money since more people would buy the book if it's that cheap.
What do you think?
Thanks,
Jack
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