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One-tenth value pricing rule

technique 1 mention from 1 sources

A pricing technique where you price your product at one-tenth of the value you create for customers as a starting point.

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Greg Isenberg recommends ✓ High confidence
"Start by pricing at one-tenth of the value you create. Then raise prices by 5% until you're losing exactly 20% of your customers."

Attribution: Greg explicitly recommends this as a pricing strategy to fix pricing problems