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Geo Pricing Lab
Testing Value Proposition


               Survey Findings
Russian Market survey 1

IT-users (programmers mostly)- 740 responders
• a) if they are cheaper than usual – 20 % (148)
• b) if I can choose the price myself – 18% (132)
• c) if its price will be based on the level of income of my region
  / country – 36% (264)
• d) if I can not find free ones (ex. torrents) – 26% (196)
Russian Market survey 2

Non-IT users – 69 responders
• a) if they are cheaper than usual – 43% (30)
• b) if I can choose the price myself – 13% (9)
• c) if its price will be based on the level of income of my region
  / country – 25% (17%)
• d) if I can not find free ones (torrents) – 19% (13)
Brazilian Market

46 responders
• The main finding here was that even people who don´t usually
  buy digital products, would give it a try if the price was
  cheaper. Around 80% of the people.
• However, 50% would still downloading from the internet.
  They answered that only would buy products if they couldn´t
  find it available for free.
Indian Market

17 responders
•   if they are cheaper than usual - 68.80% (11)
•   a chance to fix the price myself 6.30% - (1)
•   if the money I pay will be used for charity 6.30% - (1)
•   not applicable 25.00% - (4)
Bulgarian Market

12 responders – 11 consumers and 1 artist
•   if they are cheaper than usual - 58% (7)
•   a chance to fix the price myself - 17% (2)
•   if the money I pay will be used for charity - 8% (1)
•   not applicable - 17% (2)
Conclusions

• It seems that the main reason for not buying licensed
  digital products/services is the price - too high for the
  consumer's budget.
• The consumers strongly believed that buying digital
  products/services is morally, because everyone's work
  should be paid off.
• If the price is cheaper than usual or the consumer can
  have a chance to fix the price by himself, he/she
  positively will buy the product/service instead to use a
  free one.
• Some people use free or open source alternatives

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Geo pricing - Survey Findings

  • 1. Geo Pricing Lab Testing Value Proposition Survey Findings
  • 2. Russian Market survey 1 IT-users (programmers mostly)- 740 responders • a) if they are cheaper than usual – 20 % (148) • b) if I can choose the price myself – 18% (132) • c) if its price will be based on the level of income of my region / country – 36% (264) • d) if I can not find free ones (ex. torrents) – 26% (196)
  • 3. Russian Market survey 2 Non-IT users – 69 responders • a) if they are cheaper than usual – 43% (30) • b) if I can choose the price myself – 13% (9) • c) if its price will be based on the level of income of my region / country – 25% (17%) • d) if I can not find free ones (torrents) – 19% (13)
  • 4. Brazilian Market 46 responders • The main finding here was that even people who don´t usually buy digital products, would give it a try if the price was cheaper. Around 80% of the people. • However, 50% would still downloading from the internet. They answered that only would buy products if they couldn´t find it available for free.
  • 5. Indian Market 17 responders • if they are cheaper than usual - 68.80% (11) • a chance to fix the price myself 6.30% - (1) • if the money I pay will be used for charity 6.30% - (1) • not applicable 25.00% - (4)
  • 6. Bulgarian Market 12 responders – 11 consumers and 1 artist • if they are cheaper than usual - 58% (7) • a chance to fix the price myself - 17% (2) • if the money I pay will be used for charity - 8% (1) • not applicable - 17% (2)
  • 7. Conclusions • It seems that the main reason for not buying licensed digital products/services is the price - too high for the consumer's budget. • The consumers strongly believed that buying digital products/services is morally, because everyone's work should be paid off. • If the price is cheaper than usual or the consumer can have a chance to fix the price by himself, he/she positively will buy the product/service instead to use a free one. • Some people use free or open source alternatives