4.9 • 816 Ratings
🗓️ 14 June 2023
⏱️ 28 minutes
🧾️ Download transcript
The question I get a lot is, "Should I launch my product at a competitive, low price to gain market share and raise my prices later?" In this episode, I talk about how you can use the low-price launch strategy to your advantage.
Previously, I have said that you should launch your product at the price you intend to sell it and I elaborate more on what you can do.
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0:00.0 | A question that I get a lot from people is, Andy, should I launch my product at a very competitive |
0:07.5 | low price to simply gain market share and then raise my price later in the future? |
0:15.0 | Now in this episode, we're going to talk about why now in 2023 and maybe beyond the low price launch strategy may be worth it |
0:28.6 | what's up guys you're listening to another episode of Selling on Amazon with Andy Isam. |
0:39.1 | The low price launch strategy may be worth it. |
0:44.7 | A question that I get a lot from people is, Andy, should I launch my product at a very competitive low price to simply gain market share and then raise my price later in the future. |
0:59.0 | For those of you that have been longtime podcast listeners, you may remember my opinion on this specific topic |
1:05.8 | where I was a firm believer that you should launch your product at the price that you intend |
1:12.5 | to sell your product for long term. So if you intend to sell your product for $25 long term, |
1:20.0 | launch it at $25. Now in this episode, we're going to talk about why I believe that or believed |
1:27.0 | that. I still have belief there and my opinions there and I'll talk about it in this episode. |
1:31.8 | But I'm also going to talk about the low price launch strategy and why now in 2023 and maybe |
1:39.1 | beyond it may actually be worth it. |
1:43.7 | Before we get into the media of this episode, I'm overdue for some shoutouts. |
1:48.7 | I continue to get great reviews from you guys over on Apple Podcasts. |
1:52.9 | I know that on Spotify, I think you guys can leave stars for me, but Apple lets you leave |
1:57.9 | some written reviews. |
1:59.5 | Thank you so much, man. |
2:03.3 | Manila Lovah. I'm sorry if I'm saying these wrong, by the way. I just signed up for your course and feeling really confident |
2:06.5 | in pursuing and creating a brand that will change my life and motivate me to quit my 9 to 5. |
2:12.7 | Also, cool beans, pugs. I've been listening to Andy for over a year. Thank you so much for the long term listening. |
2:19.0 | I'm constantly motivated by him. |
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