Quote:
Originally Posted by gizmo99uoft
3) My app is currently at 2.99, thinking of dropping the price to get a better conversion rate. Dropping it to 99 cents would require me to get a 3x in volume to recuperate loss profit. Thoughts ?
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If you've already covered development costs dropping the price would make sense since you can make pure profit from volume. By selling it for more you have to factor in the opportunity cost of lower volume causing a lower ranking. Gotta weigh your options!
