After a couple weeks, I raised the price to $267. I had a few sales at that price point, but they've since plummeted. My last sale was about a week ago.
There are competing products that cost less, but they are of lower quality. I thought quality justified my higher prices, but the market doesn't seem to think so.
I want to bring the price back down to $199, but worry it will upset the customers who purchased at $267. Is there a way to decrease prices without having to refund the difference to a bunch of past customers?
Thanks!