This is the secret (often touted as the best) method of pricing.
Ask your customers these 4 questions and watch your sales increase!
- At what price would it be SO LOW that you start to question this PRODUCT'S QUALITY?
- At what price do you think this product is starting to be a BARGAIN?
- At what price does this product begin to seem EXPENSIVE?
- At what price is this product TOO EXPENSIVE?
This is the "Van Westendorp Pricing Model"
See Forbes write up on it here Get your own intake form here