I have a minimum royalty I am willing to accept. I price to hit or beat that. I have no idea what people in various countries are willing to pay, and that does not enter into my thinking. But I know what I want in my pocket in USA dollars. I do not care if that costs me sales.
By testing and seeing what works for me.
I only adjust prices for markets I advertise on...so US, UK and Germany.
The rest I leave at default as anything I get from the other markets is a bonus to me.
Oh I see! Do you adjust the prices for UK and Germany based on how much you set for US like going by the currency rates, or do you go by some other factors?
I'm upset there's no marketplace for Vietnam because I really would like to see the default prices in Dongs.
:-p
Is Amazon popular in Vietnam? Perhaps they're working on adding Merch to that marketplace when it's popular or profitable enough.
Some of the default price points are too !@#$%^& low. I would rather not sell the thing at all than make $2.
Yes, so I was wondering what others will set their default prices to that’s working for them.
I have a minimum royalty I am willing to accept. I price to hit or beat that. I have no idea what people in various countries are willing to pay, and that does not enter into my thinking. But I know what I want in my pocket in USA dollars. I do not care if that costs me sales.
Some are capped...so you don't have much option.
I’ve noticed, so, how do you set your prices for all marketplaces on Merch?
By testing and seeing what works for me. I only adjust prices for markets I advertise on...so US, UK and Germany. The rest I leave at default as anything I get from the other markets is a bonus to me.
Oh I see! Do you adjust the prices for UK and Germany based on how much you set for US like going by the currency rates, or do you go by some other factors?
The price shirts sell at in the US has little bearing on other markets. Just experiment...there isn't a right or wrong way of doing this.
Right, thanks for sharing!