🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Back

Sandip Kaur

Hey I am on Medial • 10m

The Psychology of Pricing: How to Set Prices That Sell Pricing isn’t just about numbers; it’s about psychology. Understanding how people think can help you set prices that not only attract but also convert. Here’s how: 1. The Power of “9”: Ever wonder why prices end in .99? It’s because people perceive $4.99 as significantly cheaper than $5.00, even though it’s just a cent difference. 2. Anchor Pricing: Show a higher-priced option next to your main offer. This makes your primary product look like a great deal in comparison. 3. Bundle It Up: People love getting more for their money. By bundling products together, you can increase perceived value and drive more sales. 4. Free Isn’t Always Free: Offering something for “free” with a purchase can boost sales, but it also sets expectations. Use it wisely to ensure it adds value rather than cheapening your brand. Pricing is an art and science. Get it right, and you’ll not only attract customers but also make your offerings irresistible.

1 replies3 likes

Replies (1)

Poojitha

Dammit, it's soo goo... • 10m

This was insightful 👀

0 replies

Recommendations from Medial

Sairaj Kadam

Entrepreneur • 6m

The Psychology Behind Pricing Strategies: Why You Pay What You Pay Ever wondered why a product costs $9.99 instead of $10? Or why luxury brands rarely go on sale? Pricing isn’t just about numbers—it’s about perception, behavior, and psychology. Her

11 replies5 likes

Vishnu kumaran

Design guide for you... • 7m

Pricing is the core of your SaaS offering. It’s crucial to handle well, but it needs to be done right. What makes a pricing section nearly perfect? ~ Clarity and Simplicity: Display pricing and features clearly with easy-to-read layouts. Avoid conf

6 replies7 likes

Rahul Pal

Who I'm - " Rahul Pa... • 5m

Think it 🤔 ..... source - " The psychology of Money ; 💰 . what your perspective " Millionaires ; ?

1 replies6 likes

Hemant Prajapati
•

Techsaga Corporations • 10m

Follow for more || Bookmark for sure || Share your support:--- . . 📈 Guide to Implementing the Freemium Model for Your Business 🚀 . . 🎯 Identify Core Value |:-> Offer your most compelling features for free to attract users. --:-> Stat: 90% of user

1 replies4 likes

Bhavya luthra

obsessed with why an... • 4m

Did you ever notice that Blinkit & Zepto show different prices on Android vs. iOS? It’s not a glitch though, its dynamic pricing at play! But whyis it happening? ✅Brands tweak prices based on user behavior, ✅ They pay commission to the App Store

2 replies12 likes

Siddharth Chopra

Tech | AI | Business • 3m

OpenAI just launched GPT 4.5 🎉 But WTF is this pricing.. it’s too much expensive 🤯 Has anyone found it useful for them?

0 replies16 likes

JS Kumar

HR Solutions Company... • 1m

Hiring BFSI Talent for Your FintechStartup? Here's What You Need to Know. "How fintech companies can attract top BFSI talent" and it’s full of real-world strategies that work (even for small teams with limited budgets) https://www.jasumoshi.com/how

0 replies5 likes

Jaswanth Jegan

Founder-Hexpertify.c... • 11m

“How Jio made it’s competitors go out of Business” Disruption Diaries #2 Reliance Jio was launched on Sep 2016.Initially Jio provided free data services for several months to attract many customers. Before Jio data was expensive,and Voice call and

16 replies19 likes

Rishi Chavan

Inquisitive • 25d

Rapido pe Lowest Prices Guaranteed! And they really mean it. I just had a Bike Taxi Ride for free!!! and maybe you could have it too, check if you can apply the code GOFREE to get free rides upto ₹50.

6 replies2 likes

Shiva Prasad
•

Lognormal • 3m

If we spend 25000 per month on Daily Groceries(Milk, vegetables, Fruits, Groceries etc) and get free services like Internet, TV, Water Purifier. Prices are similar to zepto/Blinkit with free delivery. It is like hyperlocal Zepto Will you opt for

4 replies16 likes