November 18th, 2009

Dynamic Pricing for Digital Goods

We decided to sell the WordPress template of our own site. The problem we had to solve was not “why?” than “how much”? After a long back and forth we decided to try something new: Dynamic pricing. Here is how it works: Start selling at the lowest price you’d go for. If sales increase at a steady clip, the price goes up. If you find sales slowing, bring the price down. Smart or silly? Let’s see. Read “Dynamic Pricing for Digital Goods” more