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by alok-g 4770 days ago
My gut feeling is that you should not reduce the price at all, and instead work on proving the value you provide, just as you have identified too.

If I am working on a project that I need feedback on, and I am convinced that your solution will provide me that feedback, I'll happily pay $100. At $40, I'll be happy to take risk too. At $20, it sounds like the price is so low because the results would not be worth anything.

If the question is how to bootstrap, the best I can think of is to work closely with those 6% people and refine your product to the needed extent, proving value and getting testimonials.

1 comments

I agree that $19 is too low. That page is trying to convince me that I will get ~20 comments from smart & knowledgeable people at a cost per comment of <$1.

I simply don't believe that pitch. Anyone who is willing to do that for <$1 doesn't value their time, so why would I value their opinion?

I'd increase the price, add some case study/ROI, and provide more detail about how it works (not necessarily on the landing page, but clearly linked)

Worth pointing out what's in it for the advisors – namely, a chance to hear about early products.