I was wondering if the price of items affect the sales of item ? Suppose my item cost $20 and hav 50 sales per week, would there be more sales if the price was $15 ?
It can be the other way around and you would have more sales if the price was higher. Like iPhone, let’s say
It is all about how good the item is.
For an end user $5 doesn’t matter if item A can do the task while item B cannot.
I recently increased the price of one of my applications. The number of sales did drop, but this was also around the time that a number of other similar (cheaper) items were released.
So I went and added some great features and improved the interface. This application is now selling better than before.
Also if an extra $5 means that you can provide better support then your purchasers will prefer this.
the price for all categories are + – identical so if I’m looking for a theme for $ 20 , buy yours and not another will depend on the quality of ur design .. same for all prices xD
Thank you mates for such informative replies.
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rule #1 in business – never sell a product on price, sell it on benefits. For those that understand and appreciate the benefits will pay accordingly and a fair value.