Best Practices for Year-Round & Black Friday Pricing Strategies
Selling beats online can be challenging, especially when it comes to setting the right prices and knowing when to adjust them. Producer and BeatStars Creator Success Advocate, Elipsi recently shared valuable insights on best practices for pricing beats and offered tips on how to make the most of seasonal sales cycles, including Black Friday.
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Elipsi’s X: https://bit.ly/4fv755F
Elipsi’s Instagram: https://bit.ly/4ee6rse
Personal Website: https://bit.ly/3YtpwRu
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BeatStars Website: https://bit.ly/3Wd1Z4l
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Timestamps:
0:00 – Introduction
2:26 – How to figure out your value in the market
4:40 – How to interpret your customer perception of your pricing
7:59 – Demystifying BeatStars’ Top Charts
11:01 – Strategies for pricing to retain loyal customers
15:01 – Best approaches for raising prices
17:07 – The value of free downloads
19:37 – Black Friday pricing strategies
25:17 – Mistakes made when pricing
27:28 – Ideal number of beats for a bundle and what is a good price point
28:53 – Best dates to start a Black Friday sales
31:37 – Lasting piece of advice
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