Back

Rohith R

I help businesses to... • 5m

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 group. That leaves you with two choices: Medium or Large. At first glance, the Large pizza seems like the smarter choice. For just ₹60 more than the Medium, you get 4 extra slices and extra cheese. It feels like a no-brainer, right? Yes, But you are tricked. This pricing strategy isn’t random. The Medium option is used to trigger you into buying the Large. Why? Because if there were only two options Small and Large, There is a chance that you might just choose the Small pizza and grab other lower-priced snacks to stay within your budget. But with the Medium option in play, it suddenly makes the Large look like a much better deal in comparison. This is called a decoy effect, the Medium serves as the decoy to steer you toward spending more.

1 Reply
5
Replies (1)

More like this

Recommendations from Medial

Easemoney

Finance Startup • 3m

Saving money is like going to the gym. You know it's good for you, but somehow, buying that extra-large pizza feels more rewarding. 🍕💸

Reply
5

Aditi

Will become a inspir... • 1m

“The Decoy Effect: How Brands Trick You into Choosing More” The Decoy Effect is a pricing strategy where businesses introduce a third, less attractive option (the “decoy”) to subtly push customers toward a more profitable choice. It plays on human p

See More
Reply
2
14
Image Description
Image Description

Rajan Paswan

Honorary Mentions - ... • 1y

You've got a killer startup idea, but building it needs a team. Your co-founder brings the marketing, while you do coding. But how do you ensure they're in for the long term? Here comes the Co-founder Vesting Schedule... What is a co-founder vesting

See More
9 Replies
11
18
Image Description
Image Description

TREND talks

History always repea... • 6m

👻 Experience the horror this Halloween. Papa John's pizza place scary images made of cheese ! 😅🤣

2 Replies
19
Image Description
Image Description

Ronak Patel

Here you go! • 4m

PSYCHOLOGICAL MARKETING TECHNIQUE - 4/10 🧊Imagine you're at an ice cream shop in India. You see two flavors: 🍫chocolate for ₹100 and vanilla for ₹150. Then they add a third option—a "mystery flavor" that's not as good as vanilla and costs ₹200. Su

See More
10 Replies
3
14

Shaswat

Student | Web develo... • 1m

Does anyone want some cool apps? for their business / college projects connect now for best deals. I am a professional Flutter developer ready to design and develop the production ready apps in cost like a cheese pizza 🍕

Reply
4
Image Description

Vatsal Pareshkumar

Nothing happens if N... • 4d

my startup idea A tax automation and tax documents generation webapp in the UK for small and medium sized businesses.

1 Reply
4
Image Description
Image Description

Arcane

Hey, I'm on Medial • 1y

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

See More
2 Replies
1
8
Image Description
Image Description

Dhairya Thakkar

To become entreprene... • 6m

is this a good odea? to make AI business consultant app for small or medium firms

3 Replies
4
Image Description
Image Description

Anshuman Nag

Entrepreneur | Marke... • 1m

Zomato shows u those cheese-pull ads before ur hungry... then when its dinner time ur already dreaming about the pizza thats the priming effect 🧠 ppl make decisions before they even know it so if ur a marketer dont wait for them to need ur stuff!

See More
2 Replies
8
22

Download the medial app to read full posts, comements and news.