The sales volume is absolutely huge during these offers. At least by our standards. The two months that we ran the promotions, we brought in 400% and 437% extra on top of a typical monthly revenue, and it all comes in in just 2-3 days, but it's probably because we put a time limit on the offer.
Also, have you ever tried providing monthly, quarterly or 6-monthly access to your product instead of a lifetime access?
We started originally with monthly, 3 month, 6 month and 12 month access. The LTV of the customer was less and the satisfaction was much lower. Since we promise language learning results, a common sentiment was that they were penalized for learning slowly. When we charged a fixed price, people were more committed, got better results and were happier.
I guess what I'm asking is how can I know that reducing the price to the discounted rate will result in an increase in sales since we already priced it this way in the past. I would actually very much like to have a sub $100 price point, but i'm pretty sure we won't make it back in increased unit sales.
I am interested to know... What percentage of your sales are at a discounted rate? Are there spikes in volume centred around discount periods?