The Psychology Pricing Formula
Base Cost Calculation: - Product cost: $12 - Shipping: $3 - Platform fees: $2 - Total cost: $17
Pricing Options: - Budget pricing: $24.99 (32% margin) - Standard pricing: $29.99 (44% margin) - Premium pricing: $34.99 (51% margin)
Bundle Strategies
The Profit Maximizers: - Buy 2, get 10% off - Bundle related designs - Quantity discounts - Limited-time offers - Free shipping over $x