GTM Sauce

GlamUp · B2C · AI makeup glow-up app

Triple the weekly price from $3 to $9

Conversion rate went up despite the 3x price

Workedpricing

What they did

Raised the weekly subscription from $3/week to $9/week (weekly and monthly plans only, no annual).

What happened

Conversion increased after tripling price; guest's theory: demand for an app you want is inelastic and higher price signals value.
22:28
“when you raised your price from 3 to 9, like you tripled your price, it somehow increased your conversion rate.”
Joseph Choi
22:49
“I feel like when you find an app that you really want to use, your demand for it is relatively inelastic.”
Nicole Cheung

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