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Content
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phil pfp
phil
@phil
https://www.forbes.com/sites/rebeccasadwick/2020/06/22/how-to-price-products/
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eirrann | he/him🎩🔵 pfp
eirrann | he/him🎩🔵
@eirrann.eth
Any thoughts on how this might be applied to help artists decide pricing for upcoming artworks/collections? I asked GPT for some thoughts about this, although I'm not sure the extent to which it's feasible for an independent artist to conduct a pricing survey
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Mark Fishman pfp
Mark Fishman
@markfishman
As someone who has done a few Van Westerndorp studies, I respectfully believe it’s midcurve for most founders Unless you’re making something pretty novel, you should probably index off competitors (since your users will too)
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Kiraa♡ pfp
Kiraa♡
@fwkiraa.eth
the article is a 2020 article is this still valid in the current economy
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Law❦︎ pfp
Law❦︎
@traguy.eth
Asides view.art Has Phil launched any brand before? Like that coulda required this method of pricing? (I’m familiar with the article)
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Julia  pfp
Julia
@ula77
good model
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Tmophoto  pfp
Tmophoto
@tmophoto
I am currently battling this and wondering if I should even continue. My material costs for things has gone up so much I have to raise prices every few months to maintain thin margins. This is 1000% more challenging in an inflation environment where some things are just out of control and official rates are sub 6%
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Captain 🧑‍✈️ pfp
Captain 🧑‍✈️
@temmyokboye
If you’re sharing this with us you must have implemented the Van Westendorp model in your previous businesses and it worked. Seeing it is 4 years old, you still believe it’s applicable till today?
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S.G Baby pfp
S.G Baby
@sgbaby.eth
It’s 2020 Or does this still apply to now?
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Ian 🎩🎭🍄🥷🏼 pfp
Ian 🎩🎭🍄🥷🏼
@danial-jung.eth
Thank you for the good information. Regarding product pricing, I understood that draft values ​​need to be assumed using the Van Westendrop model and verified and final optimized through live testing. But doesn’t this value depend only on customers? For example, I think the determined price may be lower than the cost. In this case, wouldn't it be possible to determine the price as the product price?
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22 pfp
22
@themuyideen.eth
This article is 4 years old, I don’t think it applies to todays market asides from a few things
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Jina pfp
Jina
@jina
https://warpcast.com/giu/0xc6d3976c @giu Here's the theory you explained to me
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Rafaello.base.eth pfp
Rafaello.base.eth
@rafaello12
Has this article helped you pricing your products
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Archilles ༄  pfp
Archilles ༄
@archilles
How valid is it now putting in consideration the new factors that affect this present economy
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Mai🖤 pfp
Mai🖤
@jorja
Finally believe that you can benefit from using the Van Westendrop pricing technique as a tool to better understand pricing sensitivity or just something you’ve been on since👀
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Double D pfp
Double D
@daved
Won’t claim to be familiar with the article but is such a model really important for a founder? When all they need to do is just put a price that profits them on the “product”
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Eren🎩 pfp
Eren🎩
@baeshy.eth
This is great following the video @giu posted. Do you ever think of using this guide I. The prices when you every decide to sell some arts in view.art
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Caira.degen.eth🎩🎭ツ pfp
Caira.degen.eth🎩🎭ツ
@caira
This looks helpful 🤯
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