$67 or $97?

by Mantero Cantrow

Posted: 15 years ago 12 replies

INTERNET MARKETING

I've decided to sell a resale rights for one of my product.. but I need your guys suggestion which one will works best

either I sell 30 license for $67 each, or
20 license for $97 each

regardless of the total profits I'll get, which one will give the high value for them?

#$67 #$97

Mo Goulet 15 years ago

Tell us about your product.
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- 1 reply
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Domain Names For Sale. Make an Offer.
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- Mantero Cantrow 15 years ago
  
  Originally Posted by proapc
  
  Tell us about your product.
  
  The product is a minisite graphic package which is sold for $27
  
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millionebook 15 years ago

Have you done it yourself or had it done for you?
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Ralph
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- Mantero Cantrow 15 years ago
  
  Originally Posted by millionebook
  
  Have you done it yourself or had it done for you?
  
  I done it myself, but is that is the case for my question?
  
  Thanks
  
  1 reply
  
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  MaskedMarketer 15 years ago
  
  this may not make sense, but i say go for the 97$ so you have to deal with less customers
  
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ryanman 15 years ago

$67 Seems better on first sight.
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J. Barry Mandel 15 years ago

Offer it at $97.

People should bee willing to pay the extra $30 for rights to a product that is more exclusive.

The more exclusive the higher the price should be.

Also with offering the product with less availability you'll make people sweat much more easier for it since there's less of it going around which means you have the larger psychological advantage going for you too.
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>>> WWW.MEDIAPUBLICITYGENERATOR.COM

ATTENTION AFFILIATES: Earn Earn Commissions On Monthly Subscriptions Up To $597 Per Month PLUS Tiered Commissions On Overrides & 4-Figure Affiliate Bonuses!!
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SergeantJoe 15 years ago

The less there is of something, the more valuable it becomes.

People don't really want to sell a product that a hundred other people are selling. I'd go with 20 for 97$.

You'll make similar profits either option, but consider this:

Is it easier to sell something to 20 people, or 30 people?

Also, as mentioned before, people will be more inclined to buy rights to a product if they know not everyone will have the same thing.
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nobodyspecial 15 years ago

Test ... that is the proper answer
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- J. Barry Mandel 15 years ago
  
  Testing is NOT the proper answer here.
  
  How is he supposed to "test" when he only offers 20 or 30 total copies for sale?
  
  :confused:
  
  Originally Posted by nobodyspecial
  
  Test ... that is the proper answer
  
  Thanks
  
  1 reply
  
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  >>> WWW.MEDIAPUBLICITYGENERATOR.COM
  
  ATTENTION AFFILIATES: Earn Earn Commissions On Monthly Subscriptions Up To $597 Per Month PLUS Tiered Commissions On Overrides & 4-Figure Affiliate Bonuses!!
  
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  Steven Wagenheim 15 years ago
  
  You can't test this. You make a decision. You either sell 30 at $67 or 20 at
  $97.
  
  You make a decision.
  
  Trust me, eventually, at either price, with such a low number, they'll sell.
  
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  learnmore 15 years ago
  
  I would suggest go for the higher price if you created the product and it's not all over the place. Higher price may increase the perceived value which is why "premium" costs more than "regular" [take your pick:membership,product, service]. Higher perceived value coupled with low supply should do the trick.
  
  This may be a very basic question but I keep seeing $17, $27, $37 ... $97 prices on the digital products (ebooks, courses etc) sold online. Is there some "science" to picking these numbers, the last digit being 7?
  
  Why not $66 or $93.99? I guess the seller should make the buyer think too much about the comparison and make it easy for them to compare.
  
  Is that it or there's more to it?
  
  Thank you.
  
  Thanks
  
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