In most cases, you can increase your prices by as much as 15% by moving from left to right. But what if you wanted to increase your prices by, say, 20%, instead. Well, then you move from right to left. What does all of this right, left, right mean? Well, listen or read this pricing […]
Pricing Strategy: How To Price Your Product Or Service—Psychotactics
Do lower prices or higher prices work? What pricing strategy can you use to get customers to buy the higher price option time and time again?
Learn the pricing strategy that we use at Psychotactics. These strategies have been tested and have been proven to work every time.
In the articles below, you will learn about:
- The psychology of pricing
- How to price your products
- How to retain customers and charge higher prices
- When to charge higher or lower prices
- How to communicate with existing customers before raising your prices.
Next Step
Look at the list of articles below, pick the one that gets your attention and start reading. Every article will show you how to implement one pricing strategy immediately.
Warm regards
Sean D'Souza
P.S. Don't forget to look at Page 9 of the Pricing Report.
You can use the same pricing grid to raise prices by 10-15% immediately and systematically and not lose customers. You will find it at the end of every pricing article.
P.P.S. Oh and before I go—If you haven't yet subscribed:
Here are the links to get all the Psychotactics articles, goodies and podcasts automatically.
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Articles on pricing from Psychotactics
How To Publish Fixed Prices On Your Website (Even If You Run A Service)
The problem with a service-based-business is that you can’t always publish a fixed price. The pricing always seems to depend on what needs to be done for the client. This results in a lot of wasted time and effort. Often, both the client and the vendor (that’s us) get so bogged down in the process […]
How To Create A Pricing System That Helps Increase Revenue And Free Time
What is an effective pricing strategy? And how can it create more time for you? Imagine making one change in your pricing strategy. Then let’s say you make two. But let’s say we make three changes. With three tiny changes, we have not just made tiny little moves, but have created a whole pricing environment. […]
Pricing Psychology: The Choice between Yes and Yes
Three year old Kara was throwing a tantrum. She didn’t want to go to bed, of that she was certain. “Do you want to brush with the red or blue toothpaste?” her dad asked gently. “Blue,” she says, glad to be given the opportunity to make a decision. Ten minutes later, Kara was well tucked […]
Why Ending Your Prices with “9” Won’t Sell More Product
There’s one reason why you should sell with the price ending in a 9.That reason is to increase your profit. If I sell at at $39, instead of $37, I will make two additional dollars per sale, which means that over time I will earn a lot more, just because of those few dollars. But […]
Special Offer! Dartboard Pricing-How To Increase Prices Without Losing Customers + Special Bonus Valued at $49
When you buy Dartboard Pricing-How To Increase Prices Without Losing Customers you’ll also get—‘5-Steps To Starting Up A New Project Successfully’ (worth $49) absolutely free. Dartboard? As in darts and a dartboard? Yes, exactly! If you go to a bookstore and buy a dozen books on pricing, you will find pricing is some incredibly sophisticated system. You’ll run into […]
Are Higher Prices Better For Customer Retention?
Southwest Airlines made one tiny change that probably added $80-100 million to their operating profits. Interestingly, this small change might create customer retention even though the customer ends up paying a fair bit more. It seems odd to think of higher prices being critical to customer retention, doesn’t it? If you’ve ever been on a […]
Persistent Myths of Pricing (And How To Overcome Them): Part 2
Should you lower your prices? In Part 1 of Persistent Myths of Pricing (And How To Overcome Them), we looked at Myth 1: Ending prices with 7 or 9 (e.g. $97 or $99 instead of $100) Now, let’s look at Myth 2: The Fear of Pricing—You can feel the “right price” in your gut. Should […]
Persistent Myths of Pricing (And How To Overcome Them): Part 1
When you’re giving away bonuses, it’s easy to believe you don’t need to give away your best product or service. The best information always needs to be sold—so you can earn a decent living. And yet, this podcast episode takes an opposite stance. You need to put your best stuff out in front—free. Yes, give […]
Announcing! Dartboard Pricing: How To Increase Prices (Without Losing Customers)
Dartboard? As in darts and a dartboard? Yes, exactly! If you go to a bookstore and buy a dozen books on pricing, you will find pricing is some incredibly sophisticated system. You’ll run into fancy and complicated pricing models that rapidly put you to sleep. So is pricing simple? Sure it is. You don’t need a book to […]
