I finally sold this pair of earrings on Etsy!
I made them so long ago. They had like nine different people favorite them, but nobody wanted to buy them at $18.00. Then I raised the price to $23.00 and someone bought them. Interesting. Do people think if they pay more for something that it must be better? It seems silly, but I know of a couple different scenarios where this has proven to be true. For example, I have this friend who is a photographer, http://www.justinkphotography.com. When he first started his business, he didn't charge quite as much as other photographers and business was slower, but as soon as he raised his rates, he started getting more jobs. It could just be coincidental that business started picking up around the same time he raised his rates, but there seems to be some correlation. I suppose it depends on your target audience.
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