Hi all, This is mainly targeted at PS3LightsFix.com affiliates, but anyone can answer if they want. So my question is this: My product is currently set at $29, should I raise it to $37 for psychological reasons? I hear people in general purchase at $27, $27, $47 etc... It's been converting quite nicely, actually, but I think having it at $37 will be a better payout for my loyal affiliates. Thanks to all who answer, Dim.
The only real way to find out will be to split test it. Split test various price points, and stick with whichever one is the most profitable
well, i see some people on this thread selling the same thing. well, affiliates look at price points no doubt but also consider conversions as the top priority. there is the saying 'if it aint broke, dont fix it' but you should constantly conduct split testing to show that you have the best possible combination of copy & price points to ensure the highest conversions. Show a screenshot of the highest conversion rates, affiliates will flock to you. Good luck.
OK, thanks, I've risen the payout to $37, with more affiliate materials coming along soon... Thanks for everyone's help P.S. dherald, I know I did, but the $29 price tag needed to be raised and I wasn't going to lower it.