Hello I am getting ready to launch my first informational niche product and see if I can make everything I have learned over the last 5 years about internet marketing work for me lol wish me luck. Anyway I just had some questions about pricing my product and I wanted to get some advice from you warriors. I was going to launch at $37 but then I thought about offering a $4.95 monthly membership fee and waiving the $37 cost as a marketing incentive for customers who opt for the membership. I also thought about just charging the $37 and then upselling the $4.95 membership. which do you think is best to launch with?
I really like the second example where I waive the $37 fee for customers who opt for membership because $4.95 is alot better then $37 especially for my target niche however wouldn't charging $37 almost be like getting 6 months of membership upfront?
I look forward to your replys and thank you in advance.