Secrets to Relaunch a Product at a Higher Price Point

As an Internet Marketer, you probably have a fewneed to increase the price point above what if was
products online. Some of these may sell well. Othersbefore. This is very important, as it will help your
may have sold well initially, but are doing less well nowconversions.
that they've been released for a while. The goodThird, e-mail your existing prospect list and tell them
news is that there are methods that you can use tothat the price is going to go up at a future date (you
save these products and continue to sell them. Theshould tell them what this date is). So, this is their last
main thing you need to do is to relaunch them. In thischance to get the product at the discount price. As a
article, I'm going to share with you a simple relaunchbonus, you will also give them the updated version of
strategy that will let you repackage the products at athe product for free. This scarcity will help people to
higher price point.buy now who otherwise wouldn't have done.
First of all, you need to revise the product in someOnce all this is completed you can actually go through
form. Look to update it based on any information thatwith the price increase. Make sure to tell your affiliates
you've found since the product was originally released.that there is a new and improved version of the
If you've managed to refine the process, then includeproduct, as this will give them an incentive to promote
that. If you've got better results, include those. You canthe product for you again. After all, they are getting
also add extra features to the product that weren'tmore money.
there before. For instance, you can include videoWith these tactics, you need never let a good product
tutorials if they were lacking. You can also repackageof yours end up stale ever again. Just use a simple
the product as a membership site. It's very important torelaunch strategy. None of the refresh methods I
make this a version 2 product, rather than a version 1.mentioned should take you much time to put together,
Second, you need to update the sales copy. Make thisas you have the nuts and bolts of the solution already.
reflect the much better product which you're about toJust use an immediate relaunch as you will soon have
offer. Include any fresh testimonials, or ask for these ifthat product back on the best seller list.
you don't already have them. Most importantly, you