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How Do You Find The Best Price?

by buyitbelow
5 replies
I have a new product on clickbank, but I do not know what to charge for it. What is the best method of testing different prices for finding the best performing price?

Thanks
#find #price
  • Profile picture of the author bettersocial
    Originally Posted by buyitbelow View Post

    I have a new product on clickbank, but I do not know what to charge for it. What is the best method of testing different prices for finding the best performing price?

    Thanks
    If its an IM product, I recommend putting it up as a WSO to know the market response to it and price it accordingly.

    If its in the non IM niche, look at the prices of other competing products. Could you get away by charging more for the product (if you're offering more value)? Or do you think you'll make more sales by undercharging for it?

    Test out different prices for a week or so to hit the "Sweet spot"
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  • Profile picture of the author jennypitts
    It all depends what type of product you are offering. You should do an online search for that product, or similar products, and see what others are charging. Compare the quality, and the price. Then move forward accordingly.
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  • Profile picture of the author buyitbelow
    I don't want to spend hundreds of dollars to see the quality of other products. Is there a way to set my product up for different prices and monitor the result?
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  • Profile picture of the author Jude.A
    Do a search of other similar products to yours and know how much they are charging, then you can have an idea to price your product from them.
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    • Profile picture of the author buyitbelow
      No one has a product like mine.

      Also, how am I suppose to know what content their product holds if I do not purchase it. Someone could be selling a product for $50 and it can contain far less information or far inferior information.

      I'm assuming there is no way to accurately price my product without purchasing products from the competition or through trial and error.

      Anyone got anything???
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