There’s many strategies to increase conversions, but have you tried this one? Try ending your prices with a 7, .95, 5 or .95. Instead of charging $10, for instance, consider charging $9.97. Even though it’s only a few cents less, people seem to think that it sounds cheaper. Even on high priced items the same tricks can work. For instance, you’ve probably never seen a car advertised for $30,000. Instead, you’ll see it advertised for something like $29,995.
Amazingly enough, on that last example, some people will walk away thinking that the car is $29,000 in their head (even though they’re smart enough to know that it’s obviously $30,000).
In the past many marketers have used 9 or .99 to end the numbers in, but it seems that there’s been a growing trend lately that 7, .97, 5, or .95 seem to stand out even more and appear even less expensive. Crazy stuff, but it can definitely work. And it’s doubtful that you’ll miss those few cents after increasing your conversions.
So, consider adjusting your price points to end in 7, .97, 5, or .95 to make your prices seem cheaper and see how it helps increase conversions.
Looking for more tips and tricks to help increase your conversations? This tool shows you easy strategies to grow your conversation rate and help boost your business: BizFire's Free Funnel Maker & Analyzer.
Helping people to make money online & run a successful business by giving out free tools to help them automate most tasks.
Subscribe to:
Post Comments (Atom)
How to Increase Your Prices and Boost Your Business’s Profits
People often overlook this very simple, very easy way to increase their business’s profits: increase your prices. Most people tend to underc...
-
Every entrepreneur is well familiar with the importance of marketing in today’s era of extreme competition. Marketing through various channe...
-
One of the most important things to understand is that leads are far more than just random people who might be interested in your business. ...
-
So how can you charge more for your services? How can you increase your price tag and still have customers lining up to buy from you? One ea...
No comments:
Post a Comment