UPDATED* Experiment with sales

Discussion started by vipmodels

Hi friends

Want to make a little test with my sales

Average month to month I selling 5-6 models on cgtrader.com

My price for models is not high and the sellings is not high too

And I will try during December selling my models with 50% discount, and will see how it will affect on the sellings

after that month I will report here!

If someone have such an expirience pls write here about it

I think that info will be useful

regards

Yura

Answers

Posted almost 8 years ago
3

I don't think that you'll see significant increase in sales if any, but almost guarantee that you'll see decrease in monthly income :]

About month ago this guy https://www.cgtrader.com/marvimation announced that he's increasing prices for all his models. I decided to do the same, did go through all my models and increased prices for all of them (for some even by 100%!). Did that worked out? Hell ya, not only november was best month in terms of revenue, but in terms of number of sales too! I'm pretty sure that i won't do mass discounts on my models in the near future, if anything i may increase my prices even little more. I don't think that discounts have big inpact on sales in this business, however quality of products and good presentation really helps a lot.

Anyway, will be interesting to hear your experience after 30 days, although you have choose not the best month to experiment ;] Don't forget to inform us.

blobfortress wrote
blobfortress
Thank you for sharing this, very interesting! I guess you just convinced me to not lower my prices :) let's see if vipmodels will convince me of the opposite again.
Posted almost 8 years ago
1

Cool! Yes I am very interested also! Keep us posted!

Posted almost 8 years ago
2

I'm interested too in any results!

Posted almost 8 years ago
1

Hi all subscribers
My experiment ended
What is the result - growing of sales on 50%
But the discount was 50% and the result is only 10% growing of the income
I will keep the action till the end of the January - will see
Who knows, may be the month was bad!

Posted almost 8 years ago
4

Lowering our prices doesn't make a difference in sales, just in our revenue. A customer don't buy it because is cheap, a good customer buys it because wants to save time and need it with good quality at that precisely moment.

Posted almost 8 years ago
2

@vipmodels, most likely growth in sales was observed due to active marketing from CGT side and Holiday sales. I guess that many sellers experienced increased sales in December. I certainly did - it was best month ever for me on CGT.

BTW, unless my math is seriously wrong, but increase in sales by 50% and lowering prices to 50% at the same time, should equal in 25% of loss in revenue.

Posted almost 8 years ago
1

Yes I agree that when CGT steps in to actively promote models then sales go up more than trying anything else.

Posted almost 8 years ago
1

Having said that when you put your models at super low prices and they look amazing buyers tend to think there is a catch.

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