Introduction to Price Psychology
  • Introduction
  • A Quick Word About Reviews
Picking the Number
  • The 99 Effect
  • The Left Digit Effect
  • The Round-Luxury Effect
  • EXAMPLE: Wall Street Journal Interview
  • Appealing to Price-Conscious Consumers
  • 95 vs 99: Which is Better and When?
  • The Precision Effect
  • Ego Pricing
  • Picking the Price QUIZ
Presenting the Price Visually and Auditorily
  • The Syllables Effect
  • Do Cents Make Sense?
  • The Comma Effect
  • The Verticality Effect
  • The Male-Red Effect
  • Presenting the Price QUIZ
Framing Your Price Appropriately
  • The Pennies-a-Day Strategy
  • The Spare Change Effect
  • Gain-Framings and 9-Ending Prices
  • Time Framing
  • Framing QUIZ
Using Context to Your Advantage
  • The Compromise Effect
  • The Decoy Effect
  • BONUS RESOURCE: Dan Ariely Discusses the Decoy Effect
  • The Descending Order Effect
  • The Anchoring Effect
  • Context Effects QUIZ
Smart Discounting Practices
  • The Subtraction Principle
  • The Ease of Computation Principle
  • Percentage-Based Discounts
  • The Relative Size Effect
  • The Verbal Matching Effect
  • The Relative Distance Effect
  • Vertical vs. Horizontal Positioning: When To Use Which
  • The Left Digit Effect (Returns!)
  • The Right Digit Effect
  • Putting Limits on the Offer
  • Smart Discounting QUIZ
How to Handle Additional Charges
  • Introduction to Partitioned Pricing
  • The Role of Visual Surcharge Size
  • The Role of Surcharge Amount
  • The Surcharge Consolidation Effect
  • Should Surcharges Be Presented as Percentages?
  • The Reverse Partitioning Effect
  • Partitioned Pricing QUIZ
Conclusion
  • Goodbye and Parting Words
  • PDF Resource
  • References
  • Bonus Lecture: More from Andrew Luttrell
  • Course Completion Certificate