Psychology of Pricing

Psychology of Pricing

How do pricing tactics trick your brain?

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4.4 (17)

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41 mins

Uncover the psychological tricks behind pricing, from perceived quality to the influence of discounts. Discover experiments that reveal how context and price presentation impact decision-making.

Ep 1:

Why Expensive Feels Better

Explore why we equate high prices with quality, how raising prices can boost sales, and why shoppers instinctively gravitate toward the middle-priced option.

Ep 2:

The Anchors That Move Us

Discover how the first price we see anchors every judgment after it, from a grocery pricing experiment that shook whole cities to The Economist's clever three-option trick.

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Discussions (13)

Julian

Level 8 · 8 mo ago

It’s funny people actually think price is quality.

Herbert

Level 7 · 9 mo ago

high price equaling quality is a joke. brands just markup mid products to farm money from people who dont check reviews. paying double for the same specs just for a brand name is actually crazy

Frederick

Level 8 · 8 mo ago

That subscription pricing is a total decoy. It exists to make the bundle look like a steal (and it totally works).

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