Raised prices = more clinets

[ThiNguyen]

Holly, you just have too many of those rich ex-Californiiaa up there in the big sky country.

Thi

[CaptainTom]

OKAY HOLLY ( or whoever started this thread, and he knows who I mean )..

What exactly is a " Clinet ".....??? spelling police..

[LoungeLizard]

Totally meaningless (sorry) without some background with regard to:

- Original vs. new price
- Timing of change
- Trend year over year
- Any advertising or offers at the same time

[HotHolly]

Originally Posted by LoungeLizard

Totally meaningless (sorry) without some background with regard to:

- Original vs. new price
- Timing of change
- Trend year over year
- Any advertising or offers at the same time

The aforementioned list seems irrelevant. It probably isnt, but I have not noted any congruency in price hike %, timing, and there are no offers or changes in ads. And we track EVERYTHING, so something should be obvious.

Pricing (generally speaking) typically has a sweet spot, where items sell better at a set point. That isnt happening here, at least not in regard to the session fee, which was what the original post was referring to.

Its been this way for several years. I think this phenomenon has more to do with people wanting what they cannot have, over price considerations. It seems to be a knee-jerk reaction. Its mostly an observation, not a business practice, of course. If I did it on purpose, it probably wouldnt work. Murphy's Law...or something like that.

[HotHolly]

Originally Posted by CaptainTom

OKAY HOLLY ( or whoever started this thread, and he knows who I mean )..

What exactly is a " Clinet ".....??? spelling police..

Him is in the hospital right now...which is why Ive been on here later than usual. When ever you see anything spelled so loverly, tha'd be me.

Rouy ykcul taht eht elohw tsop si ton os ywercs.

[HeatherLou]

Well lets hope the apple don't fall far from the tree, I'm about to raise my prices across the board! LOL, Send me some of that Abilene luck, will ya?!

[brad]

I've seen this in all sorts of industries.. including the software industry I used to love so much. We'd raise prices and our total *volume* would go up.. it was crazy. Perceived value is amazing sometimes.

The rule of thumb we used in software was that if no one complained about your price being too high, it was probably too low.

I'm about to revamp my offerings.. never mind pricing, yet... LOL