7 Pricing Strategies I Used To Make $1M

7 Pricing Strategies I Used To Make $1M

Alek

1 год назад

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Junkyard_Boxer
Junkyard_Boxer - 31.08.2023 17:40

Before you design products on printify or any other print on demand provider, ask yourself if you would spend the money to purchase the item so you don't waste your time designing and publishing, because 70% of the items are ridiculously expensive, like tumblers for $30 + $15 shipping + $ 5 for you + tax + etsy fees the item ends up costing the customer $60 which nobody would ever buy, $30 is already expensive

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Sharkdog paratrooper
Sharkdog paratrooper - 15.08.2023 08:19

There’s nothing wrong with what you’re doing people are responsible for their own choices and how well they read it’s literally right in front of their faces if they think 6999 is closer to 6 than it is to 7 then that’s the price they pay for being dumb and not thinking for three seconds it’s not like you’re hiding anything at all

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osipeju boluchris
osipeju boluchris - 28.07.2023 18:39

Can we do a lot of product like ranging from mugs, T-shirts etc

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DarkPheonixHD
DarkPheonixHD - 22.07.2023 20:00

I have a question, what I don’t want to utilize esty or shopify to sell. my products? for example what if i would rather use merch by Amazon? How can. I calculate what my profit and spending be if the tool alure does not calculate that for me. what can i do to get a better pricing range as a beginner?

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Ash T
Ash T - 05.07.2023 08:01

Let them think it is evil, it is there choice to buy. Muahahahahaha. Yes, it does work on the consumer psychologically. I can admit this from first experience. XD

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Mark Butterworth
Mark Butterworth - 30.06.2023 22:33

Alek - Where do the Etsy listing fees coming into play here? While not a big expense per listing, this can get quite high depending on the volume of listings required to meet your target. What frequency and volume do you suggest posting at? Say you're working with the $10,000 monthly target, and mugs in mind.

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Edward Hayman
Edward Hayman - 29.06.2023 13:50

Hey Alex, what is your discord server name? Keen to pop in!!

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Realm Of Urban Legends
Realm Of Urban Legends - 20.06.2023 22:57

@Alek, do you have a video that you can direct me to, on creating a mug that has a wraparound design (ex: dog on one side, writing on another side)...i watched your video with the cactus , but it did not show how to make it wrap around in printify or canvas...thanks

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Jonathan Kraft
Jonathan Kraft - 20.06.2023 10:44

Another awesome video Alek. Thank you!

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Glenda Ebersole
Glenda Ebersole - 17.06.2023 06:56

Thank you. Very informative.

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Larry Taylor
Larry Taylor - 17.06.2023 04:19

Great information, as always, Alek, Thank you.

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Ekin Shoes
Ekin Shoes - 17.06.2023 02:22

Alek we are desperately waiting for your etsy challenge episode 14

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Mohammad Yousuf
Mohammad Yousuf - 14.06.2023 22:34

Please also make videos on Cashflow & Payment Process. What challenges are you facing via payment process and cashflow. Thanks

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Kristin Rush
Kristin Rush - 14.06.2023 22:33

The people mad about psychology-based pricing strategies haven't figured out that literally EVERY business does everything they possibly can to make their product stand out and appear more enticing to the buyer.

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J Swanson
J Swanson - 14.06.2023 22:14

I've just recently found your content and I'm really finding it helpful. I've got several ideas now to start utilizing everything that you are sharing. Thank you.

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VRFREAK
VRFREAK - 14.06.2023 18:25

Nice work with quality, looking sharp man. Like Hollywood sharp. Like Brad Pitt. Keep it up

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Tinderong boholano
Tinderong boholano - 14.06.2023 16:31

Thank you sir..

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Troy Love
Troy Love - 14.06.2023 05:49

Alek - nice video as always. I think you mistook the price comparison between Printify and Printful, but you used Printify twice, which showing what appeared to be Printiful's website dashboard.

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logan selk
logan selk - 14.06.2023 05:20

Hey, Alek, do you offer or do Etsy store evaluations? I have 260 listings of Ai art,

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Alvee
Alvee - 13.06.2023 22:22

How to contact you

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Cindy Christian
Cindy Christian - 13.06.2023 15:31

How do you do this with your own designs! What apps or programs? I've asked others but didn't get much of a response! I'll be writing books soon and I want to design my own book covers and some of the illustrations on the pages and I have no idea how I can do that! Any information you give will be very appreciated! Respond whenever at your convenience. Thank you!😊

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GuruTrueCrimeGuru
GuruTrueCrimeGuru - 13.06.2023 14:45

Ignore the haters or keep making hilarious jokes like the one about the click bait. 🤣 You're awesome Alek I love this video. Being confused about pricing is what made me give up on Etsy so I needed this.

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Eyibio Jeremy
Eyibio Jeremy - 12.06.2023 22:20

Hey Alek, I know this is off the context of this video, but please hear me out🙏.
About 4 months ago, you made a video showing us how to use the Figma tool to make tons of designs in less than an hour. (Really great video btw. Explained a whole lot)
But you didn't exactly show us how to export those designs.
I tried using the export tool but it exported the whole page and not each design singularly

The point is I've made a bunch of designs now and PLEASE, I NEED YOUR HELP exporting them!

(I commented there but I felt the chances of you replying to such an old video are low, so I decided to comment on your most recent video😅)

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T Rome
T Rome - 12.06.2023 18:33

Hey Alek!
How does Leonardo AI compare to Mid journey in your opinion?

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Autumn
Autumn - 11.06.2023 23:27

I'm new to your channel but I love it!! I have been binge watching, I have a dumb question is TheCocoBear your shop? I checked out the shop and the products are amazing, but they don't offer much detail in the descriptions - like care instruction, shipping times, etc., do you think it's better to leave our descriptions very brief and not offer any info?? Thanks for all your tips, you are an amazing teacher!

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TheFuzzypuddle
TheFuzzypuddle - 11.06.2023 22:36

"morally superior creatures" lol.. nice term.

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MDbran
MDbran - 11.06.2023 19:40

Do you recommend or not recommend eBay, or are you neutral on it?

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Me beer
Me beer - 11.06.2023 19:14

"But it works" : Alek Sheffy

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Patschen
Patschen - 11.06.2023 16:02

Also: how do you make actually profit, when you sell three shirts? 3 x 17$ would cost the customer 51$ and he gets free shipping. With that income, you have to cover 3 x 9,35 $ for the shirts and 4,75$ + 2,40$ + 2,40$ for the shipping and the additonal items. When you add 5$ of Etsy fees, you would get around 8$ of profit - not really much in contrast to one shirt, where he still has to pay for shipping (like 6$ profit with Monster Digital). Ot is there something wrong in my calculation? :/

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Patschen
Patschen - 11.06.2023 14:50

Hey Alek, if you sell your shirts for about 17$, you have to charge about 5$ per shipping minimum to get some profit, am I correct? My own cost on Printify would be around 14$ per Shirt (shipping and shirt cost). With all fees from Etsy you make around 5$ profit, correct?

Also: Did you often make the experience, that people buy three shirts, to get the 35$ free shipping?

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Lyanne Mariah
Lyanne Mariah - 11.06.2023 12:02

I think household expenses or some sort of salary should also be involved in the calculations if you plan to quit a current job and try to do this fulltime.

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Kee
Kee - 11.06.2023 09:32

i don't have any experience in selling yet, but even though clicking on a product due to low pricing seems attractive, if the customer sees the shipping price afterwards, it might be a psychologic letdown, IMO clicking on a product with a great design and exposure on the listing page is the key, even if the price is higher than other products, when i personnaly see that, i'm thinking that the product might be in a better quality, and then i see free shipping, it always feels better. These days everybody buys on amazon which is usually free shipping, the human brain developped an habbit on that, and might be disapointed to see shipping price, but hey maybe that's just me, maybe your tactic is better overall.

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Duck It :)
Duck It :) - 11.06.2023 09:07

Morally broken person here
Thanks for the tactics bro ❤

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BitClout Rhynelf
BitClout Rhynelf - 11.06.2023 07:53

Moral superior creatures.. Hahaha LOL! That’s hilarious 🤣

Keep speaking truth 🔥

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Science & Snark
Science & Snark - 11.06.2023 07:17

FYI: Raising your prices and then running a sale is illegal in the US. Just start out with a higher base price from the beginning.

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Lenny Ramirez
Lenny Ramirez - 11.06.2023 05:23

Great video. Do you keep your store on forever sale? Any tips using targeted offers?

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Fethi Aissi
Fethi Aissi - 11.06.2023 02:38

Can I post different products on one etsy store ?

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Fethi Aissi
Fethi Aissi - 11.06.2023 02:32

How many listing I should post a day ?

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Caleb Howard
Caleb Howard - 11.06.2023 01:09

Keep going 🔥

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