This AI application will find the highest price that customers are willing to pay for your product скачать в хорошем качестве

This AI application will find the highest price that customers are willing to pay for your product

Find your best price with AI using the Van Westendorp method: free tool demo! 👉 Check out my channel for free GenAI applications: ‪@GenAI_Nerd_Channel‬ Stop guessing your price. In this tutorial, I show how to estimate willingness to pay without directly asking customers (and risking underpricing). We use the Van Westendorp Price Sensitivity Meter’s four questions and a free Streamlit app that generates synthetic customer personas with an LLM to compute pricing ranges in minutes. Ideal for entrepreneurs and early-stage product tests. What you’ll learn: Why simply asking “How much would you pay?” can backfire How Van Westendorp’s 4 questions reveal an optimal price band Using the Willingness-to-Pay Synthetic Simulator to create personas, collect responses, and plot price sensitivity curves Reading the outputs (cheap/expensive thresholds, median points, demographic splits) to pick a confident launch price—fast and at zero cost 🔗 App link: https://syntheticpricesensitivityexpl...