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

News

Pods

Back

Sandip Kaur

Hey I am on Medial • 8m

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... • 8m

This was insightful 👀

0 replies

Recommendations from Medial

Sairaj Kadam

Entrepreneur • 4m

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

Anurag Mishra

Sarcastic Content On... • 4m

Your biggest investor isn’t your VC; it’s your mental health—always funding your overwork

15 replies13 likes

Mridul Das

Introvert! • 3m

"One of the most powerful ways to increase your savings isn’t to raise your income. It’s to raise your humility." - The Psychology of Money 📚 That's a thought-provoking take! Staying humble can really shift your perspective on spending and saving.

1 replies7 likes

Bhavya luthra

obsessed with why an... • 3m

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 replies11 likes

Vishnu kumaran

Design guide for you... • 6m

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

Sairaj Kadam

Entrepreneur • 11d

Rejection isn’t personal, but it’s not random either. It’s your offer, your pitch, or your price. What feels productive often isn’t just moves you, not always forward. Excuses add up. You might be the problem. Why? Start there.

2 replies9 likes

Rahul Pal

Who I'm - " Rahul Pa... • 4m

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

1 replies6 likes

Pulakit Bararia

Building Snippetz la... • 1m

If you have to convince people your product is useful, it’s probably not. Real value doesn’t need a sales pitch—it speaks for itself. If people aren’t getting it, the problem isn’t their understanding, it’s your product. Fix that first.

0 replies5 likes

Chamarti Sreekar

Passionate about Pos... • 6d

CRED isn’t for everyone. It’s for the top 1%. And it’s not apologizing for it. instead marketing it's exclusivity

1 replies19 likes

Hemant Prajapati
•

Techsaga Corporations • 8m

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