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by dbg31415 2999 days ago
Be upfront with your price.

Price is a data point a customer needs to make the decision.

Give them all data points you can.

2 comments

It's not that simple. Some businesses would lose a fortune if they started pricing this way.

Particularly if you sell to enterprises. Many companies will make more money by sizing them up and giving them an optimal custom price.

As long as your explicitly factor in the number of sales being lost in the calculation
Bad advice. While this works in some cases, you’d lose a lot of money on some products because the would be customer has not realized the full value of your product. A product generating 500% roi may mean $100 to one business and 1 million to another - should they pay the same price?