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Sales psychology 1 - Start pricing extremely low, and word travels fast 2 - Temporary pricing causes buyers to act quickly, with less consideration 3 - Buyer
by AJ007 10y ago
Sales psychology
1 - Start pricing extremely low, and word travels fast
2 - Temporary pricing causes buyers to act quickly, with less consideration
3 - Buyers who wavered in their decision making panic and pay
more than they originally would have in order to not miss out.
4 - Designer knows what is left is both over priced and no one really wants.
With static pricing, #1 doesn't happen, #2 doesn't happen, #3 doesn't happen, #4 does, albeit much more slowly.
#1 is a core piece of both Google & Facebook's sales psychology. You can see them move the sliders from totally free, to really good deal, to your fucked without paying us lots of money as they launch ad channels.