Ed, Any economist will give you a formula and/or graph for the perfect price to maximise profit, but that doesn't mean it can show you the price the market is willing to pay, especially an immature market such as the one that exists for android apps.
When you factor in free alternatives any pricing formula tends to go out of the window because you can't do relative pricing based on features when the alternatives have zero cost and are most likely adding features all the time (remember there is nothing to stop someone trying your app for <24 hours getting a refund then going to one of your free competitors and suggesting your additional features should be added into their free offering). I also think you're going to need to wait for the problems in Market to sort themselves out. All of the time users are getting a poor experience for failed downloads, botched upgrades, and crashing copy-locked apps they are going to be wary of spending their cash, once Google have sorted those problems out then we may start seeing sales volumes increase in-line with users confidence. Al. Ed Burnette wrote: > Here's a progress report: 57% of the poll respondents said lower the > price so I cut it temporarily from $2.99 to $0.99 (1/3rd the > original). In the short time since then, sales increased (2x), but not > enough to make up for the price difference. See > http://blogs.zdnet.com/Burnette/?p=824 > . > > In economics class we had these nice graphs that would tell us the > perfect price to maximize profit. Here it's more trial and error, with > long delays before seeing results, and there are a lot more variables > than just price. > > > -- * Written an Android App? - List it at http://andappstore.com/ * ====== Funky Android Limited is registered in England & Wales with the company number 6741909. The registered head office is Kemp House, 152-160 City Road, London, EC1V 2NX, UK. The views expressed in this email are those of the author and not necessarily those of Funky Android Limited, it's associates, or it's subsidiaries. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Android Developers" group. To post to this group, send email to android-developers@googlegroups.com To unsubscribe from this group, send email to android-developers-unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/android-developers?hl=en -~----------~----~----~----~------~----~------~--~---