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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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| | #1 |
| Rockin' Warrior Join Date: Oct 2008 Location: Malaysia
Posts: 93
Thanks: 33
Thanked 8 Times in 6 Posts
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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 $97 each regardless of the total profits I'll get, which one will give the high value for them? |
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| | #2 |
| YadaText.com War Room Member Join Date: Jun 2005
Posts: 879
Thanks: 27
Thanked 102 Times in 79 Posts
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Tell us about your product.
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| | #3 |
| Rockin' Warrior Join Date: Oct 2008 Location: Malaysia
Posts: 93
Thanks: 33
Thanked 8 Times in 6 Posts
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| | #4 |
| HyperActive Warrior Join Date: Mar 2008 Location: , , United Kingdom.
Posts: 109
Thanks: 0
Thanked 8 Times in 8 Posts
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Have you done it yourself or had it done for you?
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| | #5 |
| Rockin' Warrior Join Date: Oct 2008 Location: Malaysia
Posts: 93
Thanks: 33
Thanked 8 Times in 6 Posts
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| | #6 |
| Senior Warrior Member Join Date: Aug 2008
Posts: 1,030
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this may not make sense, but i say go for the 97$ so you have to deal with less customers |
| "One Man's Ceiling is Another Man's Floor" "I Pay Less Attention to What Men Say. I Just Watch What They Do." | |
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| | #7 |
| The Ultimate Warrior War Room Member Join Date: Oct 2008
Posts: 922
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$67 Seems better on first sight.
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| | #8 |
| Trust Establisher War Room Member Join Date: Aug 2007 Location: Long Island, NY.
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Offer it at $97. People should bee willing to pay the extra $30 for rights to a product that is more exclusive. The more exclusive the higher the price should be. Also with offering the product with less availability you'll make people sweat much more easier for it since there's less of it going around which means you have the larger psychological advantage going for you too. |
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| | #9 |
| Warrior Member Join Date: Jul 2008 Location: , , USA.
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The less there is of something, the more valuable it becomes. People don't really want to sell a product that a hundred other people are selling. I'd go with 20 for 97$. 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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| | #10 |
| HyperActive Warrior War Room Member Join Date: Apr 2006 Location: , , .
Posts: 206
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Test ... that is the proper answer
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| | #11 |
| Trust Establisher War Room Member Join Date: Aug 2007 Location: Long Island, NY.
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| | #12 |
| Content & Copywriting Wiz War Room Member Join Date: Dec 2006 Location: Roselle, NJ, USA
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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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| | #13 |
| HyperActive Warrior War Room Member Join Date: Dec 2008
Posts: 173
Thanks: 47
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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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| $67, $97 |
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