Wednesday, January 6, 2016

{Bump Sale} Price Structure for Knit & Crochet Patterns

Starting January 2016, I am trying a new pricing structure for newly released crochet and knit patterns on Ravelry.

The idea of Bump Sale is not original to me. I first heard of the idea on the podcast Invisible Office Hours hosted with Jason Zook and Paul Jarvis. The concept immediately intrigued me because I already offered introductory promotional discounts on new release, so this was an interesting twist on something I already had in place.

Frequently Asked Questions {Bump Sale Pricing}

What is Bump Sale Pricing?
Bump Sale Pricing is loosely following the idea of Bumpsale.co, which is the incremental price increase. Bumpsale.co model is to incrementally increase price after each sale. However, I am doing things a bit different: Each day, the price on a pattern will increase at a rate of about $1 until the price reaches it's permanent pattern price.

How KnitDesigns by Tian will use Bump Sale Pricing?
Over a particular period of time (from 5 to 7 days), the price of the pattern (newly released designs) will incrementally increase (most likely at a rate of $1 each day) until the price reaches the full/permanent pattern price.

What about Introductory % Discounts?
In the past, I offered 25% or more on new knit and crochet patterns. This was a big saving! However,with the Bump Sale Pricing Structure, you will be able to get the lowest possible price of $1 if you buy the pattern on the FIRST day of the pattern release.

Is there are Discount Code?
Yes, there will be a discount code. The discount code will be listed in the Pattern Notes of the new design in Ravelry. Every 24-hrs, the discount amount will change to reflect the current day's Bump Sale Price.

How do I get notified of the release of new designs?
Join the KnitDesigns by Tian Newsletter Mailing List. The best way to get notified of new pattern release so you can get the pattern of the first day of release to get the lowest price. I will also announce new pattern release on Twitter, but to get the information directly to your inbox is to sign up for the newsletter.

Can I combine and use multiple discount codes?
Unfortunately, you will not be able to combine and use any other coupon code. During the Bump Sale period (5-7 days of a new pattern release) only the Bump Sale Pricing coupon code will be valid. The discount code can only be used after the pattern price reaches it's permanent price.

Any questions, please do not hesitate to email knitdesigns (at) yahoo (dot) com!


OTHER PATTERNS YOU MIGHT LIKE!

Go, check out KnitDesigns by Tian Pattern Page to get your copy here:





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