Mystery products are a retail strategy where customers pay a premium price for an unknown design, allowing sellers to clear excess inventory while creating customer anticipation; the pricing typically includes a discount from the regular price to incentivize purchase despite the uncertainty of the final product.
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I have an issue with mystery keychains... #shortsAdded:
This customer asked for a $30 keychain.
I realized that I had an issue. Every single restock I offer something called a mystery keychain, which is practically a mystery design that is $8 to $10 off.
My mystery keychains were designed to use all of my extra keychains on my keychain wall, but over the last year I haven't been using any of my designs off my keychain wall. I feel like a lot of these designs are really random and I am really worried that customers might not like it and want to return it, but I need to do something about this. I'm having my 26th birthday restock next month, so I'm thinking of offering a $26 keychain and I'm only allowed to use keychains on my keychain wall. This would be a great way to use all of the keychains on here. As you guys can see, I have no more room left for any extra keychain, so comment below. Would you guys spend $26 on a mystery design?
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