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This is a great result for a single day, but isn't this a sign of a wrong initial pricing? I would try to lower the price for a month or two, to see how the ma
by fedebene 14y ago
This is a great result for a single day, but isn't this a sign of a wrong initial pricing?
I would try to lower the price for a month or two, to see how the market reacts. I believe that you still have to find the sweet spot in the price/demand curve.
- Turing_Machine 14y agoNot necessarily -- it could be different market segments. There might well be one group who will gladly pay full price, and a different group who'll gamble two bucks just to check something out. Personally, $0.99-1.99 falls into impulse buy territory, while $14.99 means that I won't buy it unless I'm positive it's exactly what I need.
- tinylittlefish 14y agoThe impulse buy thing is a really important reason this works. For example, I adore Transmit and have no need for any other FTP app. I bought Forklift anyway when they discounted it to $1. Haven't even launched it yet.
- amishforkfight 14y agoSame here. I'll buy two or three <$3 apps and not think about it. >$6 and I start thinking about my budget, and slow down. Same issue with Steam sales. The advantage of the AppStore is the payment integration and instant install, it works really well for the impulse, "I need a nifty new tool" type of personality.
- 89a 14y agoBut will the developers be able to support Forklift in the future if that's what they're going to sell it for.