YEC[iframe width=”560″ height=”315″ src=”//www.youtube.com/embed/-qp9AyhuWMU” frameborder=”0″]
Vasu Kulkarni, CEO of Krossover, explains one surprising strategy for pricing your prototype — charging early adopters for your product, so that they see the value in it long term. Other ideas include:
- Offer discounts in return for endorsements
- Give out your product for specific trial periods
For more tips, watch the entire video above.
The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.