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When most beginners think about how to make more sales, they almost always first resort to lowering the price. This, for many reasons, can be a bad idea. In fact, directly lowering the price isn't always the best way to tell your customers that they're getting a great deal. There are other ways to make the customer think they're getting a great deal without hurting your profitability so much.
In this video, we'll go over four pricing strategies you can use to increase the perceived value of your products. This way, you'll increase the chances of making sales while also increasing customer satisfaction.
Timestamps:
0:00 Intro
0:12 Strategy #1 - BOGO
1:34 Strategy #2 - Bundle Discounts
3:21 Strategy #3 - Free + Shipping
5:04 Strategy #4 - Subscription Saver
6:36 Conclusion
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