Part 6/9:
Piracy: Digital files are prone to unauthorized sharing, creating potential revenue losses.
Consumer Hesitance: Many consumers still exhibit reluctance in spending money on digital products. This mentality can lead to unreasonably low prices, making it difficult to maintain sustainable profits given marketplace fees.
Finding the right pricing strategy is complex; I believe that digital products priced between $10 to $20 often strike a balance of being attractive yet profitable.