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by howlett
1434 days ago
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As a user I hate it when I get localised prices, especially if the at-the-time exchange rate ends up being more expensive for me. If I see something sold for $9.99 but I get £9.99 I think "why am I paying more for this", simply because the exchange rate is more favourable since I'm in the UK. But when I only see USD prices I'm more likely to buy something as it's not overly complicated. If you want you could pull real-time exchange rates and have a button that indicates the conversion for someone who wants to see the "most likely" price (depending on when they actually pay for it). For example if you sell something for $9.99 just leave it as such, and Stripe will make the conversion and you'll always sell at the same price regardless from where someone is coming from. That's how I feel about it anyway! |
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The problem is that, in some places (like India, for example) $10 might be a lot of money.
One might be able to do a lot more with $10 in India (₹800), than with $10 in USA, due to reasons that are beyond anybody's control.
For instance, I can travel 3000 km by train with $10 equivalent in India if I really wanted to (wouldn't be very comfortable, but it's possible).
The wages in those countries are also proportional of this.
This becomes relevant if you want your product to be not expensive, so that it reaches a wider audience.
For expensive goods the price difference doesn't matter as much. (Though I know people who were bummed that the Ford Mustang 5.0 V8 was twice as expensive in India than USA — but that's a different market).