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Old 03-27-2013, 06:03 AM   #1
Relentless
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Pricing Experiments And Analysis

Nothing beats AB testing your own site... and this is an older source, but there was some interesting points made that others might find helpful as well.

http://conversionxl.com/pricing-expe...an-learn-from/
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Old 03-27-2013, 06:22 AM   #2
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MVT beats A/B.

/pedantic
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Old 03-27-2013, 06:48 AM   #3
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Good read, thanks.
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Old 03-27-2013, 08:49 AM   #4
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Originally Posted by Relentless View Post
Nothing beats AB testing your own site... and this is an older source, but there was some interesting points made that others might find helpful as well.

http://conversionxl.com/pricing-expe...an-learn-from/
Wow love this thanks for posting
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Old 03-27-2013, 10:23 AM   #5
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sad such a great article is getting very little views.
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Old 03-27-2013, 10:27 AM   #6
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Wow love this thanks for posting
I can tell you from experience that I saw a small but steady bump in ratios when I removed cents completely from join forms (showing $29 instead of $29.00) and I also saw a rise in sales when I started charging $9 for a trial. Consumers have become VERY wary of 'dollar trials' so charging more seems to have actually encouraged greater confidence at the point of sale. I haven't tried 'showing what the price was before the discount' but that will likely be my next test.

The psychology of pricing and improving consumer trust at the point of sale are easy ways to enhance your ratios. Anyone interested in more info can contact me via the info in my sig or via www.EngineFood.com .
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Last edited by Relentless; 03-27-2013 at 10:29 AM..
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Old 03-27-2013, 10:29 AM   #7
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I don't know man if a 9 dollar trial is going to beat out a dollar trial overall on all types of traffic at the end of the day, interesting test though
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Old 03-27-2013, 10:34 AM   #8
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I don't know man if a 9 dollar trial is going to beat out a dollar trial overall on all types of traffic at the end of the day, interesting test though
My guess is it wont on all sites... but it is worth testing. However Id be surprised if removing cents doesn't work for most sites. It just feels simpler and more like 'points' than 'actual money' to say $29 instead of $29.00 - which is a great thing at the point of sale.
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Old 03-27-2013, 10:38 AM   #9
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MVT beats A/B.

/pedantic
Given enough "conversions" it's obviously faster and better, but not everyone has the traffic to do proper multivariate testing. Actually, most people on here probably don't.
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Old 03-27-2013, 10:47 AM   #10
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given enough "conversions" it's obviously faster and better, but not everyone has the traffic to do proper multivariate testing. Actually, most people on here probably don't.
qft

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Old 03-27-2013, 10:47 AM   #11
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thanks for the link, good info.
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Old 03-27-2013, 11:12 AM   #12
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Some gold in there for sure..
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Old 03-29-2013, 07:15 PM   #13
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Thanks again for this link. I've sent it to so many people and every single one of them loved it. Pure gold!
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Old 03-29-2013, 07:18 PM   #14
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Thanks again for this link. I've sent it to so many people and every single one of them loved it. Pure gold!
Glad you found it as helpful as I did.
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Old 03-29-2013, 07:40 PM   #15
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Bookmarked. Too drunk to read now... Thanks!
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