Hi Shannon.
I gave your new pricing strategy some thought:
I’ve run LTU for a year and I can say that the price of usd1500 is fair. But two problems arise when setting the price to that
1) it’s almost impossible to communicate the value of a product fully, especially when it’s something so personal as related to your emotional health, and life.
2) subliminals isn’t a common thing to use so people may be a bit sceptic to it
Let’s say that the marketing factor diminish the value by 30% and the unconventional method of using subliminals diminish the value by 30%. Then you have 1500*0,4=600 left. I think that’s a better price to sell LTU for, for at least some more time until you have gotten clinical trials going. LTU is helluva product and by setting the price as high as you have you loose out on getting first time customers using the pinnacle of your products, which is what you need to do to create people who advocate not only your business but your type of product that is largely unknown to most people.
I gave your new pricing strategy some thought:
I’ve run LTU for a year and I can say that the price of usd1500 is fair. But two problems arise when setting the price to that
1) it’s almost impossible to communicate the value of a product fully, especially when it’s something so personal as related to your emotional health, and life.
2) subliminals isn’t a common thing to use so people may be a bit sceptic to it
Let’s say that the marketing factor diminish the value by 30% and the unconventional method of using subliminals diminish the value by 30%. Then you have 1500*0,4=600 left. I think that’s a better price to sell LTU for, for at least some more time until you have gotten clinical trials going. LTU is helluva product and by setting the price as high as you have you loose out on getting first time customers using the pinnacle of your products, which is what you need to do to create people who advocate not only your business but your type of product that is largely unknown to most people.