What You Need To Know About Pricing a WSO

3 replies
What You Need To Know About Pricing a WSO

There are two effective pricing methods: the premium pricing and the price to penetrate the
market. The latter method used mostly by Chinese businessmen to make volume sales with small
income per sale. Premium pricing on the other hand, is setting a higher price to achieve big net
income on every sale.

Provide a low and high priced version of your product and explain why costing is as such.

Customers are willing to spend higher on premium information.

Pricing higher gives the impression that yours is a better product than the competitor’s. If your
competitor’s price is $29 or $27 then make yours something like $37 or $47 but please don’t end
it with “0” because $9.97 is more attractive than $10.

Since you are dealing with warriors on the warrior special offers section, you must lower your
price by giving discount codes or price cut. Tell them that the price you are offering in public is
higher and warriors got an amazing deal of the day.

You can also use the price increasing strategy where you offer it in the WSO for really cheap
price then after some numbers of sales, you will increase the price too. Always make your price
goes up to make warriors buy your product on the first day you offer any of your products.

Always remember that you are just testing your pricing on your fellow warriors. Don’t make
much money as possible to your fellow warriors. Make this WSO as your testing ground before
you launch your product to the public. When you want to raise your product price, be sure to
post a notice that you are increasing the price soon, this way they are aware of it.

As a warning, be sure to make good posts first on the main discussion area before posting a WSO
because warriors check your credibility before they trust your pricing structure. Protect your
reputation and always help fellow warriors in their questions to gain trust and referral for future
potential sales.

Most especially since it is a WSO, if your product value is worth $297 and you sell it for $9.95 then many warriors will like you and surely they will buy to you again and again

What's your view about pricing?


Ross
#pricing #wso #wso advice #wso advise
  • Profile picture of the author Jill Carpenter
    Tell them that the price you are offering in public is
    higher and warriors got an amazing deal of the day.
    Should I not show them my general price is higher?

    The latter method used mostly by Chinese businessmen to make volume sales with small
    income per sale


    Can you link me to this statistic on some kind of graphic chart?

    Pricing higher gives the impression that yours is a better product than the competitor's. If your
    competitor's price is $29 or $27 then make yours something like $37 or $47 but please don't end
    it with "0" because $9.97 is more attractive than $10.
    I've seen mixed reviews on this - with the ending in 7's and for some, 12.00 may look more attractive than 9.97. This needs to be tested by each individual.

    The theory of psychological pricing is controversial

    I've been working up pricing for something.

    Maybe I'm a bit more boring about it, but I've factored in time and money invested into the product, and setting goals of how much profit I'd like to see mixed with how much traffic I think I can produce, as well as demand for the product in order to determine a price fair to the public, and fair to me for my time and money invested. For the "special offer" price that is anyway.
    Signature

    "May I have ten thousand marbles, please?"

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  • Profile picture of the author R Hagel
    Originally Posted by Ross Dalangin View Post

    The latter method used mostly by Chinese businessmen to make volume sales with small income per sale.

    I didn't know Sam Walton was Chinese. Or Jeff Bezos. Or any number of other business folks.

    Or for that matter, my local convenience store owner doesn't look Chinese (or male), yet she keeps her milk cheap. Calls it a "loss leader" or some such.

    Sorry for picking on you. That line just jumped out at me. (And yeah, I realize I'm talking retailers and you're talking product creators, but still...)
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    • Profile picture of the author Ross Dalangin
      Yes, we have our own set of standards and beliefs but...

      "Controversy" . .... . No one will see your price when no one visit your thread.

      Ross
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