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Try Anchoring instead of starting with the price.
OJR
2014. 6. 12. 15:08
Try Anchoring instead of starting with the price.
Humans come loaded with cognitive biases, and as Kahneman observed, anchoring is one such bias that is hard to resist. It suggests that our decision making is affected by the first quantities which come to our attention. When we start with a larger number and roll down towards a smaller price, all of a sudden that price doesn't feel as large any longer. If I understand correctly, what many people miss however, is that the anchored number also doesn't have to be a price. It can be a number which doesn't need a dollar value. A common example of marketers exploiting the anchoring effect is showing the Manufacturer's Suggested Retail Price followed by a lower price.

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