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View Poll Results: Which one is better?
30 license for $67 each 4 28.57%
20 license for $97 each 10 71.43%
Voters: 14. You may not vote on this poll

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Old 12-25-2008, 05:42 AM   #1
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Default $67 or $97?

I've decided to sell a resale rights for one of my product.. but I need your guys suggestion which one will works best

either I sell 30 license for $67 each, or
20 license for $97 each

regardless of the total profits I'll get, which one will give the high value for them?
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Old 12-25-2008, 05:46 AM   #2
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Default Re: $67 or $97?

Tell us about your product.

FREE MP3 Program To Help You Relax And Sleep

http://www.CDBN.com
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Old 12-25-2008, 05:49 AM   #3
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Default Re: $67 or $97?

Quote:
Originally Posted by proapc View Post
Tell us about your product.
The product is a minisite graphic package which is sold for $27
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Old 12-25-2008, 06:01 AM   #4
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Default Re: $67 or $97?

Have you done it yourself or had it done for you?

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Old 12-25-2008, 06:03 AM   #5
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Default Re: $67 or $97?

Quote:
Originally Posted by millionebook View Post
Have you done it yourself or had it done for you?
I done it myself, but is that is the case for my question?
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Old 12-25-2008, 06:45 AM   #6
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Default Re: $67 or $97?

this may not make sense, but i say go for the 97$ so you have to deal with less customers


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Old 12-25-2008, 07:35 AM   #7
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Default Re: $67 or $97?

$67 Seems better on first sight.
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Old 12-25-2008, 09:25 AM   #8
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Default Re: $67 or $97?

Offer it at $97.

People should bee willing to pay the extra $30 for rights to a product that is more exclusive.

The more exclusive the higher the price should be.

Also with offering the product with less availability you'll make people sweat much more easier for it since there's less of it going around which means you have the larger psychological advantage going for you too.

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Old 12-25-2008, 09:31 AM   #9
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Default Re: $67 or $97?

The less there is of something, the more valuable it becomes.

People don't really want to sell a product that a hundred other people are selling. I'd go with 20 for 97$.

You'll make similar profits either option, but consider this:

Is it easier to sell something to 20 people, or 30 people?

Also, as mentioned before, people will be more inclined to buy rights to a product if they know not everyone will have the same thing.

Convert Visitors To Subscribers.
Convert Subscribers To Customers.
Repeat.
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Old 12-25-2008, 09:43 AM   #10
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Default Re: $67 or $97?

Test ... that is the proper answer
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Old 12-25-2008, 10:20 AM   #11
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Default Re: $67 or $97?

Pricing is always about testing. Sometimes a low offer on a high quality
product can attract a lot of people....

Its all about testing.

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Old 12-25-2008, 10:33 AM   #12
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Default Re: $67 or $97?

Testing is NOT the proper answer here.

How is he supposed to "test" when he only offers 20 or 30 total copies for sale?




Quote:
Originally Posted by nobodyspecial View Post
Test ... that is the proper answer

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Old 12-25-2008, 10:35 AM   #13
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Default Re: $67 or $97?

You can't test this. You make a decision. You either sell 30 at $67 or 20 at
$97.

You make a decision.

Trust me, eventually, at either price, with such a low number, they'll sell.

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Old 12-25-2008, 11:27 AM   #14
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Default Re: $67 or $97?

I would suggest go for the higher price if you created the product and it's not all over the place. Higher price may increase the perceived value which is why "premium" costs more than "regular" [take your pick:membership,product, service]. Higher perceived value coupled with low supply should do the trick.

This may be a very basic question but I keep seeing $17, $27, $37 ... $97 prices on the digital products (ebooks, courses etc) sold online. Is there some "science" to picking these numbers, the last digit being 7?

Why not $66 or $93.99? I guess the seller should make the buyer think too much about the comparison and make it easy for them to compare.

Is that it or there's more to it?

Thank you.
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