#33: The Psychology of Price | Part One
Nudge29 Kesä 2020

#33: The Psychology of Price | Part One

Pricing a product isn't easy. We're reliant on out of date models and frameworks that don't reflect the real world. In today's show, with pricing expert Leigh Caldwell, we explain the science behind pricing strategies that work. We'll cover how to use anchors, if charm pricing works and the importance of product positioning. Leigh's book The Psychology of Price: https://amzn.to/2Yc1lrE Leigh's agency: https://www.irrationalagency.com/ Cognitive Economics Event: https://cognitiveeconomics.org/events/ Sign up to our mailing list: https://www.nudgepodcast.com/mailing-list

Jaksot(284)

Will Guidara: “Here’s how I built the world’s #1 restaurant"

Will Guidara: “Here’s how I built the world’s #1 restaurant"

Will Guidara is the co-founder and restaurateur behind the world’s best restaurant.  But Will’s not a standard restaurateur. He didn’t just focus on creating the best food.  He used psychology and b...

16 Maalis 35min

Can this “magic” number change your behaviour?

Can this “magic” number change your behaviour?

Do nine-ending prices really work?  Will £9.99 sell more than £10.00? Can it be used for high-quality products? What about hedonic products? Can it be used on speed limits?  For years this debate ha...

9 Maalis 25min

Are we all just status-seeking monkeys?

Are we all just status-seeking monkeys?

Today on Nudge, Professor Katie Slocombe shares how chimpanzees handle power, build alliances, and jostle for status in their troop. It’s the first time on Nudge that we’ve looked at the primate root...

2 Maalis 30min

“These two words increased sales by 18%.” Robert Cialdini

“These two words increased sales by 18%.” Robert Cialdini

16 years ago a chain of Chinese restaurants wanted to increase sales without changing the price.  They didn’t change the product.  The service.  The chef.  The food.  Instead, they changed two wo...

23 Helmi 24min

When you can’t stop seeing the thing you’ve just discovered

When you can’t stop seeing the thing you’ve just discovered

I watched Home Alone and suddenly started hearing the theme tune everywhere.  I thought I was going insane.  But Tom Bowden-Green and Luan Wise explained that I actually fell for a fairly well-known...

16 Helmi 26min

The Psych-Trick Behind One of the Decade’s Fastest Growing Orgs

The Psych-Trick Behind One of the Decade’s Fastest Growing Orgs

HelloFresh is one of the fastest-growing companies of the past 20 years.  And it’s down to one, relatively simple behavioural science tactic.  --- Subscribe to the Nudge Vaults: https://www.nudgepo...

9 Helmi 26min

Real-world examples of cognitive biases

Real-world examples of cognitive biases

Most of us are completely oblivious to the cognitive biases that dictate how we live our lives.  Today, with Tom Bowden-Green and Luan Wise, we cover seven cognitive biases that all of us fall for.  ...

2 Helmi 24min

“This common pricing strategy is completely wrong!” Robert Cialdini

“This common pricing strategy is completely wrong!” Robert Cialdini

“Say you’ve calculated your price and it comes out at £120,121.  Most would round it down to £120,000.  That’s completely wrong.”  That’s what Robert Cialdini told me on the latest episode of Nudge...

26 Tammi 27min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
ostan-asuntoja-podcast
pomojen-suusta
rss-seuraava-potilas
rss-sisalto-kuntoon
taloudellinen-mielenrauha
rss-lahtijat
rss-20-30-40-podcast
rss-h-asselmoilanen
rss-bisnesta-bebeja
rss-karon-grilli
sijoituspodi
rss-startup-ministerio
rss-inspiroivat-naiset
rss-inderes
rss-siksi-viestinta