
MBA1909 How to Implement Price Anchoring in Your Business
The $100 MBA Show
00:00
Using Price Anchoring to Drive Customers in the Right Direction
We want to use price anchoring to steer our customers in the right direction. For examplea the apt shop, fy that has a great tool to build e commerce stores. If you sign em for stopiy, they have a free trial. And then when your free trial's up, you've got to choose a plan. You can pay monthly and pay 29 dollars every month. Or you can pay annually, which is what they say recommended, and you would save about 60 dollars if you pay the annual price.
Play episode from 04:50
Transcript


