Seth Godin has a great post today. He talks about 4 models of pricing. In essence, this could be pricing related to any good or service.
Take a risk. Play in another bucket. What you find might surprise you.
- There is free - you'll move large volume, it will spread fast, but you make no money.
- There is really low pricing - You won't have money to market heavily or do big campaigns, but you might get some folks who would have never even seen your category.
- There is reasonable pricing - pretty normal, standard stuff. Everyone expects a certain amount +/- 10%. Slight changes effect numbers slightly.
- Then there is really high pricing - Think Donald Trump. You pay more for experience or cache of the brand name.
Take a risk. Play in another bucket. What you find might surprise you.
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