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Help me choose a price to this product

by thelazyone
13 replies
Hello everybody,

I am creating a "Remove fat and get six pack abs" product. It will be videos, and Pdf's. I think about putting the price of 47 euros for 3 months but I need your help.

Wich price do you think is better ? I also think to put this at 97 euros or 147 euros.

Thank's.
#choose #price #product
  • Profile picture of the author karlmay1980
    Give it away and build a list that you can market other products too, if it is good you will end up raking it in from backend sales.
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  • Profile picture of the author thelazyone
    It is really big ! I don't think people will give a value in something free. There is a plan, a system, exercices in this product.

    Btw, I am planning to give away a webinar so I will put this as an OTO for the free webinar
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  • Profile picture of the author XanBarksdale
    It's going to be impossible for people on this forum to price your product. We don't know your expenses, how many minutes/hours of video, the length of the PDFs, and the quality of the course.

    Look online for similar courses to get an idea of the competition's price point.
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  • Profile picture of the author thelazyone
    Hello,

    Most courses online in this subjects are ebooks and sell for 30 and 47 $
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  • Profile picture of the author Mary Davis
    I think you need to think beyond this product only and instead plan a product pipeline.

    You'll want products across a variety of price points that offer upsells and downsells -- something for every budget.

    By planning strategically, you'll be better situated to determine a price for this product.

    You'll also want to do a market analysis to check competitors' offerings and what they are charging for similar products.
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  • Profile picture of the author CyberAlien
    Nobody can put a price on a product they haven't seen.
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  • Profile picture of the author drewfioravanti
    Test it. Let the market decide how it should be priced. Whichever price generates the highest ROI, wins.
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  • Profile picture of the author FirstSocialApps
    The more value you give away the greater your sales will be, dont over price your product. 500 sales of a product that nets $25 is much better than 25 sales of a product that nets $100
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  • Profile picture of the author drbrucehoag
    Give away some of it, and charge for the rest.

    You have to build some credibility with your prospects before they'll spend money.

    That means that you have to give them enough value for them to believe that's it's worth discovering the rest. And then I'd price it for less than half of what you think you should charge for it.

    I know that this seems counter-intuitive right now, but think of it in terms of economies of scale.

    For example (and I'm not suggesting that you use these prices), what difference would it make if you sold one for $10 or 10 for $1? You'd get the same money regardless.

    The difference, however, is that you might sell more for $1.

    You could also split test it. Put your offer on one page at one price and then put it on a different page for a different price. After 30 days, compare your results.
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  • Profile picture of the author khooster1
    I will dime the price from around 9 euro to your expected price gradually. This will test out the popularity of the product.

    Frankly, Have not seen the product. Not in the position to comment whether the product is worth the price.
    As it goes, "Willing Buyer, Willing Seller" You need to justified the value of the product.

    Another way to sell at this price will be recruit the affiliates. They will have the lists to promote this product easily.
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  • Profile picture of the author drewfioravanti
    Wow. Race to the bottom in here.
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    • Profile picture of the author James Clark
      The price should be how big of a problem you are solving. If you are solving a small problem then the price should be $17.00 to $46.00. If you are solving a big problem with videos you might get away with 97.00. It better be good! If not, you'll get hit with refunds.

      And I hope you have a back-end product in mind. Lastly, its how well you are known in your niche.

      However, everyone is an expert these days. I how that helps.
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