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Electronic Light Newsletter: The Price Experiment.
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Price Experiment (part I)(Part II is here)
By André le Roux I've decided to try a fairly radical experiment. You're invited to: 1. watch me blow myself up or As you know, I create & sell " The <http://pandecta.com/sey.html> Why do these other people price high? What do they know that I don't? Does it have to do with perceived value? We're about to find out. You & me. Let's add 10 bucks to the price. The new price tag is $23.37. Yes, not It's a 75% increase. If sales drop by 42.8%, I'll make exactly as much Here's the math: (hope it's correct) 10 / 13.37 x 100 = 75% (price increase) If sales drop by more than 42.8%, I'll slash the price. If sales drop by What's that? Ok, Electronic Light subscribers (you) can still get it Bring your popcorn & safety goggles for the next issue.
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