I did some price experimentation with my app (Blu Graphing Calculator). I ranged from 1.49 to 3.99. I kept every price up for around a week. Here are some of my findings:
- Blu was selling the most at $1.99 but the revenue was the most at 3.99 (sold on average more than half of what I sold at 1.99).
- Interestingly enough, it sold much more at 1.99 than at 1.49
I chose to push back to 1.99 for the time-being to increase the # of users.