MobiHand has just informed me of an important change in company policy which will allow their developers to compete more effectively in ultra-low-price markets. Their move comes at a crucial time as credit crunch and iPhone push application prices down – enjoy:

We are happy to announce a change of price limits intended to allow you greater pricing flexibility.

The current $3.95 minimum product price in the MobiHand Catalog is changed to a minimum selling price of $0.99 in MobiHand network stores and $2.95 in developer shopping carts.

Please do not set any product price less than $0.99 for sale in any MobiHand store.

If you use a MobiHand shopping cart in your website or application, please do not offer any price or discount that results in a net selling price in the shopping cart that is less than $2.95. If you need to sell any product for less than this amount, please contact us to arrange a modified shopping cart fee that allows us to meet your needs without incurring losses on individual transactions.

Even though I am not too motivated to lower my products prices as of this writing, the added flexibility definitely is nice to have. Congratulations to MobiHand…


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