App Price Drops boost downloads by 1,665% on iPhone 871% on iPad
A new report released last week by analytics firm Distimo revealed that when the price drops for iPhone apps on average downloads grow by 1,665% for a whole five days. On iPad price drop increases downloads by 871% on average after 5 days. In December 2012, Distimo found that 850 iPhone apps and 930 iPad apps had changed prices at least once, out of the some 12,000 apps that had ranked in the top 400 across 10 key Apple Apps Stores worldwide. The majority of all price changes was less than $3.00. The numbers skewed lower on iPhone, where 42% of changes were in the range of $1.00-$2.00, while on iPad 20% of apps had a change larger than $4.00. In contrast to a price drop increasing downloads a price raise doesn’t have the same level of impact when it comes to decreasing downloads. Distimo found a price raise on the iPhone App Store would decrease download volumes by 46%. On the iPad App Store, that number is...
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