The funny thing is, everyone is only saying $97 is too high of a price because of the way you present your product. If I walked you through a home which had discolorations on the wall, dog shit on the floor, dishes which weren't done, a bathroom in dire need of a remodeling, a lawn that wasn't cut, furniture which didn't go well with the living space, and it was a rainy day to boot - you are going to laugh when I have an asking price of $400,000 - and likely low ball me or walk away completely.
Despite the home being built in 2010, being structurally sound, in a good neighborhood, good schools, and being perfect size for a family, it just will not sell. Did I mention that no one can even find the name of the road its on because its way too damn long and hard to remember? (hint: your URL) Your product is essentially the same exact thing.
Your website is the dog shit on the floor (not literally, just throwing in a little humor here). Your copywriting is the uncut grass coupled with the rainy day outside. The lack of videos and pictures is in essence, the poor choice of furniture and layouts for the house.
But we know the house is still structurally sound, and I have a feeling that you still have a very legitimate product to offer people. So what gives?
At this point, the intrinsic value of your product is irrelevant, what matters is the perceived value. You have done everything you can to create something that will legitimately help someone in the right hands. That's the intrinsic value of the product. But your product has very little in way of perceived value. High intrinsic, low perceived.
So let's flip it using your own example: you purchased a $130 business course which you felt cheated because it only had 100 pages of text, duplicated video, and didn't even have a fancy cover. Why? High perceived value, low intrinsic value. It seemed like it was worth it because it had a mark down from $400, is a trending topic, had something that triggered you to emotionally buy it, and it just happened to be in the right place at the right time when the right person found it. Coincidence?
All you need to do is work on your perceived value, because its obvious that you feel passionate about your course. $97 might not be too high. You could very well have a $299 product on your hands. The higher you price it though, the higher your perceived value must be. With your current website, that product is worth nothing. Not even free. If you can work on everything everyone is telling you, then you can figure out the maximum price that you can put it so that when the right person lands on it at the right time, they will have a high chance of pulling the trigger.
Despite the home being built in 2010, being structurally sound, in a good neighborhood, good schools, and being perfect size for a family, it just will not sell. Did I mention that no one can even find the name of the road its on because its way too damn long and hard to remember? (hint: your URL) Your product is essentially the same exact thing.
Your website is the dog shit on the floor (not literally, just throwing in a little humor here). Your copywriting is the uncut grass coupled with the rainy day outside. The lack of videos and pictures is in essence, the poor choice of furniture and layouts for the house.
But we know the house is still structurally sound, and I have a feeling that you still have a very legitimate product to offer people. So what gives?
At this point, the intrinsic value of your product is irrelevant, what matters is the perceived value. You have done everything you can to create something that will legitimately help someone in the right hands. That's the intrinsic value of the product. But your product has very little in way of perceived value. High intrinsic, low perceived.
So let's flip it using your own example: you purchased a $130 business course which you felt cheated because it only had 100 pages of text, duplicated video, and didn't even have a fancy cover. Why? High perceived value, low intrinsic value. It seemed like it was worth it because it had a mark down from $400, is a trending topic, had something that triggered you to emotionally buy it, and it just happened to be in the right place at the right time when the right person found it. Coincidence?
All you need to do is work on your perceived value, because its obvious that you feel passionate about your course. $97 might not be too high. You could very well have a $299 product on your hands. The higher you price it though, the higher your perceived value must be. With your current website, that product is worth nothing. Not even free. If you can work on everything everyone is telling you, then you can figure out the maximum price that you can put it so that when the right person lands on it at the right time, they will have a high chance of pulling the trigger.