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independenceone source
applies to

b2b and consumer, needs an existing audience

assumes $20 to $100

confidence

medium

evidence

3 claims · 2 articles · 3 receipts

window

2013-11-112015-05-26 · nothing since 2015

a single source, nothing corroborates it

Sell the upgrade to people who already bought

Existing owners are the warmest buyers a new edition has, and a deep upgrade discount converts a meaningful share of them within a day. Make the top tier's upgrade free and let lower tier owners pay only the difference, so nobody feels penalised for having bought early. Attaching a store credit to upgrades taken in the first day compresses the whole window into one push.


The method

  1. 01

    Give previous-edition owners a deep upgrade discount instead of asking full price again

  2. 02

    Make the new edition a free upgrade for top-tier owners, and let lower-tier owners pay only the difference to the old price

  3. 03

    Attach a store credit to upgrades taken in the first 24 hours to compress the upgrade window


What it returned

  • 166

    166 of 1,152 first-edition owners upgraded within 24 hours at 70% off, 14% of them, contributing $7,649, or 21% of launch revenue

  • $99

    Complete package owners upgraded free; a buyer of the $99 package could move up for $99

  • $50

    An extra $50 credit for anyone upgrading within the first 24 hours


Sources


the second source

Three plays a week, for the phase you are in

No roundup of links, no news. Three tactics more than one builder arrived at separately, with the numbers each one returned and the disagreements left in.

One email a week. Unsubscribe in one click, and the address is used for this and nothing else.


More in pricing

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the second source

Three plays a week, for the phase you are in

No roundup of links, no news. Three tactics more than one builder arrived at separately, with the numbers each one returned and the disagreements left in.

963 corroborated plays to draw from · 3 a week

One email a week. Unsubscribe in one click, and the address is used for this and nothing else.