Here’s a snippet from the winner of Inc.’s recent contest looking for the best lemonade stand in America:
How much money did you make this weekend?
$56! We charged 75 cents a
glass hoping that people would say “keep the change” when they gave us
a dollar. It worked! We also made tiny pink cupcakes that we sold for
25 cents. So, either way we got at least a dollar form almost everyone.
Ah, it’s good to know that pricing and bundling tricks like that still work. It gives me a warm and fuzzy feeling.