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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 wonde

Pricing Strategies:- 1. Cost-Plus Pricing: Adds a markup to production costs. - Example: A $10 product sold for $15 ensures profit. 2. Value-Based Pricing: Prices reflect perceived customer value. - Example: Apple charges premium rates for i

Remember that is-odd nmp that checked whether a number is odd/even. This is an upgraded version of it (ai powered 🤣)

Mind Games: The Decoy Effect 🧠💡 Ever feel like a third option makes one of the original choices suddenly more appealing? There's a reason for that: the Decoy effect! Here's how it works: ⭐ Imagine you're choosing a phone plan: * Option A: 2GB

"Few people make financial decisions purely with a spreadsheet. They make them at the dinner table, or in a company meeting. Places where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled t

How do we determine the value of a product or service when setting prices, and what factors should be considered in deciding pricing strategies?

is there anyone who is currently running a startup or anyone who is working with a startup , can you guys tell me the problems you guys are facing while doing it. share it even if that's very silly cuz mine's very odd

Successful boba business strategy and expansion plans - Despite the challenging location, Odd One Out grosses $77,000 monthly with high operating margins. - Higher prices at Odd One Out lead to greater order sizes, with an average customer spending $

Is Zepto Scamming Us All? I’ve been using Zepto for the past three months and even purchased a Zepto Pass, thinking I’d save money on my orders. Out of curiosity, I decided to compare prices using my sister’s phone (which doesn’t have Zepto Pass) t

Imagine you’re buying pizza for your friends, and you’re faced with these options: Small: 4 slices for ₹100 Medium: 8 slices for ₹200 Large: 12 slices for ₹260 (with extra cheese!) Now, let’s rule out the Small pizza—it’s obviously not enough for a