How do you change your price? According to feelings? Following competitors? Let's put some science behind the pricing decision. This tool analyzes all major influencing factors (elasticity, market, volume etc.) and returns the price that gives maximum profit.
Price is an important part of any business, but I agree that it's hard to know how to change it in order to get the most profit. Figuring out your price is a science and should not be based on emotional decisions. Price Changer looks like a good tool to solve this challenge. Congratulations @john_cranberry on launching Price Changer on Product Hunt! 🚀
I would love to take a look at your app and future versions of the website in more detail and offer you feedback. Please feel free to connect with me on LinkedIn (www.linkedin.com/in/hemantwarier/). I hope we can add value to each other as makers! 🙌
Hello world! )
A bit of background to this project.
I work as a marketing director and deal with pricing decisions daily. We made a lot of tools to help ourselves with it: various margin calculators, price sensitivity check, competition benchmark etc. (some of them I also added at the homepage https://changeyourprice.com/)
So I came up with an idea of making an ultimate tool that takes into account every influencing factor. Having found nothing similar in the web, I spent a few months building up the model, and finally liked it so much that decided to turn it into a service.
I did it with almost 0 investment and that's my first experience in website building too. So, it might look very simple, but please check the idea itself and quality of calculation.
In future I want to add more tools and calculators, and also fill in the pricing blog. Now there are only a couple of articles to cover the functionality of the "Price Changer".
I'd appreciate any feedback!
Replies
Notesally 2.0
Price Changer
Price Changer
Betches
Price Changer