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+--- Thread: Conversion raised after lowering the prices (/showthread.php?tid=2882)
Conversion raised after lowering the prices - mikep - 08-28-2017
We lowered our prices and our conversions increased. Should we keep? I mean we are making less profit here.
Re: Conversion raised after lowering the prices - mediadrug - 08-28-2017
As long as you are not loosing money. You should keep it. Jack up your prices when you launch a new product till then let the present product to influence people and create brand awareness.
Re: Conversion raised after lowering the prices - supaul - 08-29-2017
mediadrug Wrote:As long as you are not loosing money. You should keep it. Jack up your prices when you launch a new product till then let the present product to influence people and create brand awareness.
Neat advice about jacking up prices on the next product.
mikep Wrote:We lowered our prices and our conversions increased. Should we keep? I mean we are making less profit here.
Clearly, you are providing something at low price then your competitors so you are getting more conversions. Don't do something stupid (raising up your prices) to rock it.