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How about increasing the price as the stock diminishes, then return it to the "regular" price as stock catches up? Another idea: instead of starting at $50, st
by silvajoao 16y ago
How about increasing the price as the stock diminishes, then return it to the "regular" price as stock catches up?
Another idea: instead of starting at $50, start at, say, $80 and boost the perceived value of the product too. Some people will still buy it, and while they flush the production, keep the price. As soon as demand diminishes, cut the price to $60 and now it's a $80 product at a 25% discount! Rinse and repeat ;) But as others said, don't take more time to deliver than promised.
Also, couldn't the revenue of the first ~500 sales be used to hire someone to help catch up with demand?