Comment on Which is better: Many customers at low price-point or few at high price?Comments−raverbashing14yLet me tell you (a bit from experience)It has to be low, but it shouldn't be too low!- Early adopters really don't mind paying more- If the app has some intrinsic corporate value it can be priced higher- Pricing "sets the tone" of the productFor example, a regular user won't mind paying $1 compared to a $0.10 product. So charge $1And think of how many copies you have to sell more at price X to profit like price Y.Suppose an exageration: price X is $1 and price Y is $100. Is selling at price X really 100 times more difficult than at price Y?Selling 5 units at Y price may be difficult but selling 500 units at price X may be harderYou don't want to celebrate 1000 sales at $1, you're still starving at the end of the month.
Comments
Let me tell you (a bit from experience)
It has to be low, but it shouldn't be too low!
- Early adopters really don't mind paying more
- If the app has some intrinsic corporate value it can be priced higher
- Pricing "sets the tone" of the product
For example, a regular user won't mind paying $1 compared to a $0.10 product. So charge $1
And think of how many copies you have to sell more at price X to profit like price Y.
Suppose an exageration: price X is $1 and price Y is $100. Is selling at price X really 100 times more difficult than at price Y?
Selling 5 units at Y price may be difficult but selling 500 units at price X may be harder
You don't want to celebrate 1000 sales at $1, you're still starving at the end of the month.