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The following is a guide on how to use 1Price to do price increase experiments.

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Experiment Reasoning

Most founders drastically underprice their products. In most cases, you can price your product 200% higher while maintaining the same influx of customers.

By using 1Price to do price experiments, you can confidently optimize your price to a select cohort of users then analyze the results.

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Step 1: Create New Price

Login to your Stripe Dashboard. Navigate to Product Catalog then select the Product you want to add a new price to.
You can currently only create a new price on Stripe Dashboard. In the near future, you will be able to create Stripe prices on 1Price directly.
Then import the newly created price from the Import Page

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Step 2: Update Plan & Offer

Build or update a Plan that links to the newly imported price.
Then, create a new Offer that includes the Plan.

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Step 3: Start Experiment

Build a new Experiment comparing the two Offers.
Finally, start the experiment and see the Results after 24 hours.
Ensure the integration is correctly setup before analyzing the experiment results.
Need more help? Contact us via live chat or email and we can set up a price experiment together!