GrowthHackingIdea - How to increase prices insensibly

Today's hack
You can change your price without cause if it's by less than 10% [Weber’s law]

When it comes to price hikes, Weber’s law shows that approximately 10% is the average point where customers are stirred to respond.

It means that you can change your price without cause if it's by less than 10%, without causing extreme reaction from your current customers.

Source: www.helpscout.net


Cheers,
Charlie Patel ;)

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