hitmeasap
Level X5
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When you create your service you'll also need to set a price tag. You'll need to decide the price yourself.
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TommyCarey
Another thing I think about is what exactly to set the pricing at. I'm not talking about the total price, I'm more referring of what would convert best. You know how you see someone offer a service for $99 and are like "Oh, that's a great price!" it's because subconsciously you think you're saving a good amount of money because it's not priced at $100. Now when I price something I'll either price it with a 7 or a 5 at the end because it makes people think they're saving even more compared to the 9 or 0 at the end of the pricing.
I've actually studied and tested my pricing to see exactly what works and it's true that if you end the pricing with a 9 you'll make more sales than if you end it with a 0. I've also made even more sales when I ended the pricing with a 7 or 5 since not as many people see a 7 at the end of the price and the 5 is a nice middle ground so people feel comfortable with it. I could be completely wrong through in my assessments, I could have just been lucky and gotten more sales for some other reason But I ran my tests for 6 months on two different websites and the website with 7s and 5s at the end always made more sales than the website with the pricing ending in 9s.
What do you guys/girls think? When I come up with a price for my service it always is researched prior to going live. I don't think I've ever launched a service without researching my competitions pricing and what they offer. I try to get my pricing lower than my competitors and I also try to offer a better service and more features if possible :D Another thing I think about is what exactly to set the pricing at. I'm not talking about the total price, I'm more referring of what would convert best. You know how you see someone offer a service for $99 and are like "Oh, that's a great price!" it's because subconsciously you think you're saving a good amount of money because it's not priced at $100. Now when I price something I'll either price it with a 7 or a 5 at the end because it makes people think they're saving even more compared to the 9 or 0 at the end of the pricing. I've actually studied and tested my pricing to see exactly what works and it's true that if you end the pricing with a 9 you'll make more sales than if you end it with a 0. I've also made even more sales when I ended the pricing with a 7 or 5 since not as many people see a 7 at the end of the price and the 5 is a nice middle ground so people feel comfortable with it. I could be completely wrong through in my assessments, I could have just been lucky and gotten more sales for some other reason :D But I ran my tests for 6 months on two different websites and the website with 7s and 5s at the end always made more sales than the website with the pricing ending in 9s. What do you guys/girls think?
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