Testing Willingness to Pay Print

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The question that decides everything.

WHY IT MATTERS

Interest is free; payment is evidence.

WHAT NOT TO ASK

Would you pay for this?

WHY IT FAILS

People overstate willingness, consistently and without dishonesty.

WHAT TO ASK INSTEAD

What do you spend on this now? What did the last solution cost you? What would you stop doing to afford this?

WHY THOSE WORK

They are about actual behaviour and real trade-offs.

WHAT STRONGER TESTS EXIST

Asking for a deposit Taking pre-orders Asking them to commit time Selling before building

WHAT COMMITMENT MEANS

Something that costs the person.

WHAT FORMS IT TAKES

Money Time A decision An introduction to a colleague

WHY NON-MONEY COMMITMENTS COUNT

They still cost something, which distinguishes them from politeness.

WHAT TO DO ABOUT PRICE ANCHORING

Ask what they currently spend before naming your price.

WHY

It tells you the range, and it avoids anchoring them to your figure.

WHAT TO TEST

Several price points, with different people.

WHAT TO WATCH FOR

Where enthusiasm stops.

WHAT NO RESISTANCE AT ANY PRICE INDICATES

That nobody is seriously considering buying.

WHAT SOME RESISTANCE INDICATES

That you are in the right range.

WHAT TO AVOID

Concluding from polite enthusiasm that demand exists.


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