Humour
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Pricing For Profit!
   
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'I'm Not A Christian, But I Play One On Sunday'
After more than three decades of church ministry, I have come to one unsettling conclusion. Actually, I've come to more than one conclusion, but this one is the most depressing.
That conclusion is simply this: all .....
Copyright ' Bill Vannot - All Rights ReservedAfter more than three decades of church ministry, I have come to one unsettling conclusion. Actually, I've come to more than one conclusion, but this one is the most depressing.
That conclusion is simply this: all .....
http://www.successful-marketing.com
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Are your prices set for success' If you study consumer
psychology, you might run across suggestions that prices
ending with the number "7" can possibly sell more often than
prices ending in other numbers,
One example would be to try pricing something at $4.97 to
possibly make more of an impact, than pricing it at $4.99.
Have you tried this pricing technique' Set up a test and see
if it works better for you. Can a difference of only 2 cents
really make a difference in the sales you stack up'
Mr. Cheapie's Frugal Shopping Tips
Hello. Mr. Cheapie here again with three more fantastic I-can't-believe-I-didn't-think-of-that frugal shopping tips. I already gave you my best .....
Hello. Mr. Cheapie here again with three more fantastic I-can't-believe-I-didn't-think-of-that frugal shopping tips. I already gave you my best .....
If you sell higher quality products or services, this could
cheapen your product or service's image, so you should avoid
this pricing strategy for expensive items. If your brand is
solid, your offers can absolutely command and get higher
prices.
You can also try lowering your prices. It could work for
you if your customers buy more than one item from you. It
appears to be more of a bargain if you say $35.00 for one
or $97 for 3 items. It isn't a big saving but it is a bit
more eye appealing. Sometimes, bundling items is a good
idea, at a slightly reduced price.
Creative psychological pricing strategies also include using
a technique that seems to lower the value of your product
or service. Here's an example, if you charge a $400 annual
fee for your service, try offering the same service for
The Six-Year-Old Truck Driver
When he was six my little brother Davie graduated from driving toy trucks to driving the real thing. He persuaded .....
$7.50 a week. It's almost the same price but the weeklyWhen he was six my little brother Davie graduated from driving toy trucks to driving the real thing. He persuaded .....
cost of $7.50 seems to look cheaper than hundreds of
dollars.
Test your products and services with psychological pricing.
If it works for you, your sales just might increase!
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This article may be reprinted freely as long as the
reference box remains intact.
ABOUT THE AUTHOR
Bill Vannot specializes in branding Businesses with
articles, even if you can't write! Find out what a Ghost
Writer can do to help you brand your e-business identity!
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