Perceived value.. raising the price of your stuff
You sell a product for say.. $50 (base price isn't important) and it sells alright.. then you raise the price to almost double, and your sales increase?
I've been looking into this and I think the more expensive a product is, it increases the desire to own the product.
Has anybody else experienced this?
Alright, I guess a good example is the $1997 products out there.. and they often sell out.
But how about us regular joes? Have you noticed an increase in sales when you increase the price?
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