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									Pricing Strategy for Launching A New Product - Advertising and Launching Strategies				            </title>
            <link>https://forum.helium10.com/category/advertising-and-launching-strategies/pricing-strategy-for-launching-a-new-product/</link>
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                        <title>Pricing Strategy for Launching A New Product</title>
                        <link>https://forum.helium10.com/category/advertising-and-launching-strategies/pricing-strategy-for-launching-a-new-product/#post-430</link>
                        <pubDate>Thu, 17 Oct 2024 14:28:18 +0000</pubDate>
                        <description><![CDATA[Hi, I have a question regarding Pricing Strategy as discussed on Freedom Ticket 4.0.
I&#039;m going through the modules and at one point Kevin King mentions that it&#039;s not recommended to start wi...]]></description>
                        <content:encoded><![CDATA[<p>Hi, I have a question regarding Pricing Strategy as discussed on Freedom Ticket 4.0.</p>
<p>I'm going through the modules and at one point Kevin King mentions that it's not recommended to start with a low price for a new product in order to try and drive sales and then try to gradually increase the price as this will result in a drop in rankings; as A9 tries to understand your product and price point within its pre-determined price brackets. </p>
<p>However, in a later module (How To Launch Your Product on Amazon) Kevin mentions that some people start off selling at a low price, selling at break even and sometimes even at a loss to help build momentum and once the product starts selling and ranking they can then "maybe increase the price by $1 every 5 days until you get to the desired sale price." </p>
<p> </p>
<p>I'm a bit confused as both of these points seem to contradict each other.</p>
<p> </p>
<p>Any help or clarification would be really appreciated.</p>
<p> </p>
<p>Thank you! </p>]]></content:encoded>
						                            <category domain="https://forum.helium10.com/category/advertising-and-launching-strategies/">Advertising and Launching Strategies</category>                        <dc:creator>Kunal Bhardwaj</dc:creator>
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