🎯 Perceived Value on MYM Fans & OnlyFans: The Importance of Subscription and Media Pricing 💎

11/4/20242 min read

woman laying on brown chaise lounge
woman laying on brown chaise lounge

An old story about a jewelry store and its topaz gemstones offers a valuable lesson on perceived value and pricing – something every creator on MYM Fans, OnlyFans, and similar platforms can learn from.

Whether it’s for subscriptions or individual media sales, the price you set plays a big role in how fans perceive the value of what you’re offering. Let’s dive into why pricing matters and how you can use it to your advantage. 💸✨

💎 The Story of the Jewelry Store and the Topaz Gemstones

In this story, a jewelry store struggled to sell its stock of topaz stones. Despite many visitors admiring the gemstones, no one was buying.

Frustrated, the owner instructed a junior employee to sell them all at a 50% discount while he was on vacation, hoping to clear out the stock.

When he returned, he was surprised to find that all the topazes had been sold. But here’s the twist: the employee had made a mistake and sold the stones at 200% of the original price instead of 50% off!

Why did all the stones sell out? Because by raising the price, she increased the perceived value of the gemstones in the customers’ eyes. 💍💰

📝 The Lesson for Creators on MYM Fans & OnlyFans

This example applies directly to how you, as a creator, price your subscriptions and media on MYM Fans, OnlyFans, or Fanvue.

When the price is too low, it can reduce the perceived value of your content. But when you set a higher price, fans are more likely to see your content as high-quality and exclusive.

💡 Example 1: Subscription Pricing
  • If you set a low subscription price (like €1 or €5), you might attract a lot of fans. However, their engagement and perception of your content quality could be low. They may view your offer as “cheap,” and therefore not as valuable.

  • By raising your subscription price (say, to €20 or €30), you’re likely to attract a smaller but more engaged audience. These fans see your content as premium and are willing to pay more for exclusive, high-quality content.

closeup photo of crank tool beside sofa
closeup photo of crank tool beside sofa
💸 Why Price Defines Perceived Value

Your fans, much like the customers at the jewelry store, are not always experts in the content you create. They rely on the price as a guide to understand the value of what you’re offering.

  • Low Price = Fans may perceive your content as “common” or lower quality.

  • Higher Price = Fans assume your content is high-end, polished, and exclusive.

Just like those topazes suddenly seemed like luxury items when the price went up, a higher price on MYM Fans or OnlyFans communicates quality and exclusivity. 💎👀

🎯 Conclusion: Set the Right Price to Reflect the Value of Your Content

Whether it’s for a monthly subscription or selling private media, the price you set tells your fans how valuable your content is.

A price that’s too low may reduce fan engagement and interest, while a higher price suggests that your content is worth the investment. So, think carefully about your pricing on MYM Fans or OnlyFans, and position yourself to attract fans willing to pay for quality and exclusivity.

Just like the jewelry store’s customers who suddenly saw the topaz as a luxury stone after the price increase, setting the right price on platforms like MYM Fans and OnlyFans can help you attract fans ready to invest in premium content. 💸💎