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Ask yourself this question? Would you hire a lawyer that charges $9.99/hr or one that charges $299/hour? The higher the price the more "Perceived" value it holds. Pricing strategy is an important part of bringing a product to market. Then there is pricing optimization that needs to take place to find the perfect mix of profits and revenue. Luckily for us techies we can iterate as much as possible to find the right mix.


Keep in mind, this is relative to the market. Would you pay $9.99/hr for a lawyer if the average was $8/hr?


If I got the same value, I would definitely take the 9.99/hr one. LegalZoom is IPOing because I'm not the only one.

But of course we all know that when you pay $300/hour for legal services, you are paying for insurance, not the actual service.




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