How do you know right pricing?
Muhammad Abdullah
3 replies
Hy fellas,
This is my app apps.apple.com/us/app/myyellowmind/id1669513201
How do i know that the price is right? Can you share some feedback from the app about pricing
Replies
mapname@mapname
Build observability around different price modelling and its sales. Would experimenting the different prices make any difference in sales? I also suggest a simpler model such as trial month free, following month 2$ annual 20$
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Use market research to understand what your customers are willing to pay. You can conduct market research by surveying potential customers, interviewing customers, or analyzing sales data.
Be flexible with your pricing like https://www.pricesurvey.pk/ . You may need to adjust your prices based on changes in your costs, the competitive landscape, or the needs of your customers.
Consider offering discounts and promotions. Discounts and promotions can help you attract new customers and increase sales.
Track your sales data to see how your prices are affecting your bottom line. This data can help you make adjustments to your pricing strategy as needed.