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My personal takeaways: Mike Arsenault's suggestion of the Van Westendorp's Price Sensitivity Meter http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensi

My personal takeaways: Mike Arsenault's suggestion of the Van Westendorp's Price Sensitivity Meter http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensitivity_Meter http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensit... http://orconsulting.com/blog/?p=133 http://orconsulting.com/blog/?p=133 Just what I needed right now (I'm struggling to find the correct price for an app, was going to go with the market). Something that also resonates with me is: "I wish that I knew how difficult it is to acquire a customer, get them to pay for your product and believe it’s as magical as you think it is." Edit: changed broken Wikipedia link.

ljd 14y ago
Just a head's up, that link is broken. I think you may have meant: http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensitivity_Meter http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensit... Also, I just want to mention that if you have the ability to change your price rapidly then using a dynamic pricing API[0] might be better suited for determining the best price. [0] Disclosure: this is what we do, but don't feel compelled to use us.
- GFischer 14y ago
  Thanks, your company looks good :) https://ventata.com/ https://ventata.com/ but at a glance it doesn't seem to work for App Store / Google Play. Plus, I'm not sure how it would work for our intended demographic. I'll definitely keep it in mind, looks like a great tool in the startup toolbox.
- krmmalik 14y ago
  Is your product for shopping carts only or can it be used with anything? What if for example i was selling something using something like gumroad or shoplocket?
  - ljd 14y ago
    Our product is just a REST API, so you could use it with anything. We have been building out integrations with shopping carts but I think Gumroad would be a perfect application for it.
    - krmmalik 14y ago
      Excellent. I look forward to trying it in the near future.

ljd 14y ago

Just a head's up, that link is broken. I think you may have meant: http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensitivity_Meter http://en.wikipedia.org/wiki/Van_Westendorp%27s_Price_Sensit... Also, I just want to mention that if you have the ability to change your price rapidly then using a dynamic pricing API[0] might be better suited for determining the best price. [0] Disclosure: this is what we do, but don't feel compelled to use us.

GFischer 14y ago
Thanks, your company looks good :) https://ventata.com/ https://ventata.com/ but at a glance it doesn't seem to work for App Store / Google Play. Plus, I'm not sure how it would work for our intended demographic. I'll definitely keep it in mind, looks like a great tool in the startup toolbox.
krmmalik 14y ago
Is your product for shopping carts only or can it be used with anything? What if for example i was selling something using something like gumroad or shoplocket?
- ljd 14y ago
  Our product is just a REST API, so you could use it with anything. We have been building out integrations with shopping carts but I think Gumroad would be a perfect application for it.
  - krmmalik 14y ago
    Excellent. I look forward to trying it in the near future.