Pricing & Value & Proven Ways to Increase Both Fast [Business, mindset, entrepreneur, disruptors]
Disruptors
00:00
How to Increase Revenue and Profits With Price Testing
As we also increase our own value the price goes up in accordance another interesting and enlightening factor to add into this equation is lifetime client value or LCV so let's do some price test variables here. Split test number one imagine having 50 people at 1995 plus that to attend the masterclass course at a 10 profit, then from those 50 people 10 went on to attend theMastermind course at 5999 5 plus that that's a 25 profit. Two-stage lifetime client value revenue of 159 700 and two-stage lifetimeclient value profit at 24 73750. split test number one at a smaller course cost increases the profit by two and a half thousand pounds.
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