Formula5

Stompernet Formula5 Bonus - If you don’t do anything else, do a sensitivity analysis. And see what is going to happened with your business before taking decisions.

There are different formulas to attack the different things to improve.

Increase the value of your product, to increase the price tag. (Formula5)

You need money to reinvest in your business, or your competition will outmarket you easily and can take you out of business.

You need then, to increase your margins to reinvest them into business development.

The prices increase didn’t show a decrease in the sold volume. The present price tag is $3600. People pay it without hesitation because they have a great return over the investment. They only needed to work on showing the value better to get there from the previous price of $3000. In information products, you can put the price tag that you want because there is nothing to compare them to.