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Date: 04/04/13 09:46 AM

17 Responses to The Science Of Pricing [Pic]

  1. Profile photo of kitteh9lives
    kitteh9lives Female 70 & Over
    8044 posts
    April 4, 2013 at 9:50 am
    Link: The Science Of Pricing - Going to buy something expensive? Think about these points first.
  2. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36834 posts
    April 4, 2013 at 10:04 am

    I beleive most people don`t look into pricing that much. They just get what they get.

    Me, I`m the tight fisted cheepo who can make a nickel last a week. It`s kind of a game, a puzzle to get the most from the least. Research pricing via web, circular ads, coupons, double-coupon days... but ONLY buy it if A: you actually eat/use that thing and B: if it`s on sale.

    Never pay retail!
  3. Profile photo of iLove
    iLove Female 18-29
    676 posts
    April 4, 2013 at 10:06 am
    My conclusion from this? People are drating gullible.
  4. Profile photo of McGovern1981
    McGovern1981 Male 30-39
    14268 posts
    April 4, 2013 at 10:22 am
    God I hate that $4.99 crap just round the friggen price up FFS!!
  5. Profile photo of norgle
    norgle Male 18-29
    255 posts
    April 4, 2013 at 10:36 am
    What about gas prices with their 9/10th of a penny?
  6. Profile photo of 5Cats
    5Cats Male 50-59
    33085 posts
    April 4, 2013 at 11:10 am
    It`s true: there`s 100s of ways to "trick" the public into thinking they`re getting a good deal!

    This subject has been studied extensively! I cannot quibble with any of the data presented here.

  7. Profile photo of handimanner
    handimanner Male 60-69
    2095 posts
    April 4, 2013 at 11:28 am
    I just buy the cheap beer. The toilet doesn`t know the difference.
  8. Profile photo of AvatarJohn
    AvatarJohn Male 30-39
    1059 posts
    April 4, 2013 at 11:41 am
    Tip for selling to the government: Set up a yearly subscription or service that increases by 12% every year. Whenever "cuts" happen, only increase your price by 6% that year and complain loudly that they are forcing you to cut your price by 6%. Then substitute a lower-quality product or service or cut features and blame it on Republicans for forcing "sequester cuts". It helps if you can somehow kill children, old people or people with cancer and also blame the "cuts" for those deaths.
  9. Profile photo of chicagojay
    chicagojay Male 40-49
    2018 posts
    April 4, 2013 at 11:53 am
    @AvatarJohn, I think you have amused me. Good one. I am starting my business to sell to the govt.
  10. Profile photo of aquaman1227
    aquaman1227 Male 18-29
    683 posts
    April 4, 2013 at 12:49 pm
    Where them bar prices at?
  11. Profile photo of 5Cats
    5Cats Male 50-59
    33085 posts
    April 4, 2013 at 1:25 pm
    @AvatarJohn: That`s 100% accurate!

    White House Pricing:
    Plan to spend 1 billion on some useless program.
    "Cut" the program by 20%
    Claim to have SAVED $200,000,000!!
    Get re-elected
    Re-fund the useless program when no one is looking...

    Obama`s entire administration has worked this way since Day 1, but the Repubs do it too... "let me be clear about that" as BHO is fond of saying...
  12. Profile photo of LadyMorgue
    LadyMorgue Female 30-39
    1517 posts
    April 4, 2013 at 5:13 pm
    As someone who works in marketing, I found this very helpful. Thanks!
  13. Profile photo of paperduck
    paperduck Male 18-29
    1745 posts
    April 4, 2013 at 9:08 pm
    I hate these friggin people that study this poo and try to manipulate a couple extra dollars or cents out of me. Just price the thing at what it costs plus a reasonable profit. This is why my impulse buying is zero, and I avoid everything where the margin is absurd, starbucks coffee - a cup of coffee is not drating 5 dollars, ever.
  14. Profile photo of Nomud
    Nomud Male 18-29
    102 posts
    April 4, 2013 at 9:14 pm
    >Get rid of the free plan

    My favorite example of why this is bullsh*t: Yahoo used to offer POP3 support for their email. Suddenly they no longer offered such support and wanted to charge a subscription for it! This was around when Gmail first came out, so guess where I went after Yahoo pulled that!

    If you already have a free service, at the very least don`t screw over your existing customers. While sure, you have every right to revoke a complimentary service, it`s a major d*ck move and it`s only going to piss off any loyal customers you might have had otherwise.
  15. Profile photo of chalket
    chalket Male 50-59
    2712 posts
    April 5, 2013 at 1:14 pm
    The flaw in your logic is that by using only the free service, Yahoo didn`t lose anything when you left. This graphic is showing that even though most of their free "customers" won`t pay to upgrade, enough of them will to make it the more profitable move.
  16. Profile photo of 7eggert
    7eggert Male 30-39
    247 posts
    April 5, 2013 at 2:47 pm
    If you go from 100 % (original) to 800 %, it`s a 700 % increase.
  17. Profile photo of WhoSaidWhat
    WhoSaidWhat Male 30-39
    320 posts
    April 5, 2013 at 9:37 pm
    Why have I always seemed like the only person to see through these kinds of marketing scams? Hell, I always round prices up, anyway. $49.95 is $50. Why don`t they just price it at $50 to begin with? Is anyone really stupid enough to think that there`s enough difference between the two to buy a product at $49.95, but not buy it at $50?

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