Never do what Netflix did (lost 800K users)
When Netflix implemented a 60% price increase, 800,000 users cancelled their service.
This guy avoided that mistake. Here’s how:
1. He sent a $100 price to the first 50 subscribers.
2. $200 to the next 50, and so on.
After he found the best revenue generating price, he sent it to the rest. As a result he earned $220K from 10K email subscribers within 10 days.
Source: blog.videofruit.com
Cheers,Charlie Patel ;)
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