Behavioral Science For Brands: Leveraging behavioral science in brand marketing. cover image

How Grey Goose uses price to signal superior quality

Behavioral Science For Brands: Leveraging behavioral science in brand marketing.

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The Impact of Free Gifts on Perceived Value

This chapter explores how pricing and promotional tactics can shape consumer perceptions of product quality. It emphasizes the risks of offering free gifts and presents a study showing the importance of communicating a retail price to preserve perceived value.

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