What is the best price?

by iYingHang

Posted: 13 years ago 20 replies

OFFLINE MARKETING

Hey guys, which price do you think is the best for my offline seminar?

$1997
$1979
$1977
$1987

Cheers!

#price

John Durham 13 years ago

What the hell... I'll take a shot. $1997.
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- 1 reply
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- iYingHang 13 years ago
  
  Originally Posted by John Durham
  
  What the hell... I'll take a shot. $1997.
  
  LOL Any reasons John?
  
  Thanks
  
  1 reply
  
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  John Durham 13 years ago
  
  Originally Posted by iYingHang
  
  LOL Any reasons John?
  
  Not really, just a wild guess.
  
  Thanks
  
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kyeniz 13 years ago

The way to do it is test each price point to see which convert the best.

Unless you are doing a big launch, that I have no idea about.
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Zentech 13 years ago

1997 or 1987, but is that per person? If so... wow... uhhh... yeah. Hehe.

Just ever so slightly on the mildly pricey side for my blood.
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- jeffrey73 13 years ago
  
  Originally Posted by Zentech
  
  1997 or 1987, but is that per person? If so... wow... uhhh... yeah. Hehe.
  
  Just ever so slightly on the mildly pricey side for my blood.
  
  Actually, that's the going rate just for the average "guru" product, not seminar. Their seminars range anywhere from $10-20k a pop. So if this guy's teachings are any good, $1997 should be a bargain. But that depends on how you look at it.
  
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iYingHang 13 years ago

Any more guys?
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Kym Robinson 13 years ago

I would want to know what people attending the seminar can hope to learn at the seminar!

If it was just over the top jam packed - you could be under pricing yourself at 1997!

So if you want to add what content you would be offering your attendees - Im sure you would get more input into your question

Kym
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JustinDupre 13 years ago

$2011? lol okay but from that list I vote $1979.. something about 7 and 9
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Joshyybaxx 13 years ago

Depends on content lol... it's like "price my car... hyandai $3000 Fez $350,000"

I'd stick to the middle somewhere, scale it up if it sells (make sure you fine tune it before you change prices)
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ktmakwana 13 years ago

It is difficult to suggest a price when we do not have all the facts about the content therefore the best thing would be to do price testing.

Of course, if you are marketing the seminar online then it will be easy to test the price however if it offline via direct mail for instance then it may prove little bit more challenging.

I know of a number of marketers in the UK who charge £4997 for a week-end seminar!
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TheWriteOne 13 years ago

My input... $1979 feels right to me
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- 1 reply
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- jeffrey73 13 years ago
  
  Originally Posted by TheWriteOne
  
  My input... $1979 feels right to me
  
  I'd take this one as well. $1997 is too close to $2000. Don't ask me why, but $1979 feels like a much better deal, even though it isn't.
  
  Thanks
  
  1 reply
  
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  LiquidSeo 13 years ago
  
  Originally Posted by jeffrey73
  
  I'd take this one as well. $1997 is too close to $2000. Don't ask me why, but $1979 feels like a much better deal, even though it isn't.
  
  I agree - $1979 seems much lower than 2k, yet it's not.
  
  Thanks
  
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redcell1 13 years ago

what is included in the seminar ?

I can't say what price would I would pay because I dont know what comes with the price tag
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centarec 13 years ago

I like 1979 the most, however they say that 7 is the magic number and that prices ending with digit 7 have the best psychological effect on the customer when talking about pricing.
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- pheonixrises 13 years ago
  
  Originally Posted by centarec
  
  they say that 7 is the magic number and that prices ending with digit 7 have the best psychological effect on the customer when talking about pricing.
  
  I keep hearing this too, so I'm also going to vote for $1997.
  
  Thanks
  
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tonio79 13 years ago

$1997.....for what its worth....lol

At the moment its just numbers. Only $20 in it from highest to lowest....so not sure it matters to much. If they want to pay that price for whatever it is....then the order of those numbersa t the end won't matter too much!

Good luck with it

Tonio
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Bremaine 13 years ago

$1977 because I'm cheap

But I'll pay whatever, if it helps me make more money.
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alfieclinton 13 years ago

$1979 is the best price for your offline seminar.
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