Joined: Mar 2017
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We lowered our prices and our conversions increased. Should we keep? I mean we are making less profit here.
Joined: May 2015
Posts: 678
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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.
Joined: Mar 2016
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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.
Conversion raised after lowering the prices
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