3 ms·
Be upfront with your price. Price is a data point a customer needs to make the decision. Give them all data points you can.
by dbg31415 9y ago
Be upfront with your price.
Price is a data point a customer needs to make the decision.
Give them all data points you can.
- a13n 9y agoIt's not that simple. Some businesses would lose a fortune if they started pricing this way. Particularly if you sell to enterprises. Many companies will make more money by sizing them up and giving them an optimal custom price.
- Angostura 9y agoAs long as your explicitly factor in the number of sales being lost in the calculation
- mrhappyunhappy 9y agoBad advice. While this works in some cases, you’d lose a lot of money on some products because the would be customer has not realized the full value of your product. A product generating 500% roi may mean $100 to one business and 1 million to another - should they pay the same price?