Nudge 10 pricing tips from 10 pricing experts
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Apr 29, 2024 Learn top pricing tips from 10 experts on setting precise prices, using scarcity to boost sales, leveraging discounts, and optimizing pricing promotions with effective persuasion techniques.
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Smaller Increments
- Break down prices into smaller increments (e.g., daily cost).
- This makes expensive purchases seem more affordable and appealing.
Precise Pricing
- Use precise pricing instead of round numbers (e.g., $17.99 instead of $18).
- Precise pricing appears more believable and encourages purchases.
Charm Pricing
- Utilize charm pricing (e.g., ending prices with .99).
- Charm pricing increases sales without negatively impacting perceived quality.