On 1/21/10 4:34 AM, Alastair Rampell wrote: > > How do people on this list set and optimize price?
My main approach to price is to look at the market for competing products, figure out the market range, then price closer to the high end of that range. It's not a perfect science, but it give me something to go on. > > Does anyone use coupons to try to attract more price conscious customers? I > did something like this once upon a time and it had some good results (I > figured that if you hadn't bought after X days, I might as well offer a > coupon...yes, it could cheapen my product, but it also helped me isolate the > "price sensitive" customers since a good customer wouldn't wait 60 days for > a coupon!). I actually went progressively more aggressive with coupons and > it worked well. I've had mixed results with discounts. They lead to a few sales, but I'm not sure they're worth the time they take to set up. --Kevin -- Kevin Walzer Code by Kevin http://www.codebykevin.com ------------------------------------ MacSB email guidelines: http://tinyurl.com/2g55d6 Use MacSB-Talk for off topic messages: http://groups.google.com/group/macsb-talk Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/macsb/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/macsb/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
