Tag: Behavioral Psychology

White Rhino Beer Brewing it Differently | BW Hotelier

White Rhino Beer Brewing it Differently | BW Hotelier

The White Rhino beers are now being exported to markets such as UK where the company has retained the premium pricing. “We’re very happy with our strategy to price at least 30-40 percent above mass market brands. It allows us to distinguish our product and compete in a segment that is going to witness very […]

Bitcoin price: Cryptocurrency volatility sends warning signal to global markets | Express.co.uk

Bitcoin price: Cryptocurrency volatility sends warning signal to global markets | Express.co.uk

Interest rates were slashed following the financial crisis as central banks attempted to jumpstart economies. This, along with increased money supply, forced investors to seek returns through investing in assets, which in turn sent the prices of goods as obscure as fine art rocketing. Now central banks are beginning to raise rates to pare back […]

The Pricing Strategy That Sells More New Cars | DealerOn

The Pricing Strategy That Sells More New Cars | DealerOn

CAN JUST CHANGING YOUR PRICING STRATEGY HELP YOU SELL MORE NEW CARS?? LIKE, A LOT MORE CARS?! According to Jasen Rice, Owner of LotPop, ABSOLUTELY! In fact, he says, it’s the key to moving more metal that many dealerships overlook…but is far and away the one technique that can bring every dealership the swiftest and most dramatic results. Sound […]

Cryptocurrency price manipulation is ‘unavoidable,’ NEM president says | CNBC

Cryptocurrency price manipulation is ‘unavoidable,’ NEM president says | CNBC

Price manipulation in the cryptocurrency space is “unavoidable” but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday. “Price manipulation is not something new. You see it in mainstream markets as well. We are in a very nascent, growing phase of our industry and these things are unavoidable,” Lon […]

Action News Investigation: Stores offering ‘Bogus Bargains?’ | 6abc.com

Action News Investigation: Stores offering ‘Bogus Bargains?’ | 6abc.com

PHILADELPHIA (WPVI) — Stores are always advertising sales, but are they really offering you a great deal? As it turns out, a nearly year-long test has found potentially disturbing pricing policies at more than a dozen national retailers. Checkbook Magazine found that, too often, sale prices aren’t offering you special savings at all. Instead, they’re […]

CEDEX – Bringing Blockchain Innovation To The Diamond Industry | Crypto Daily

CEDEX – Bringing Blockchain Innovation To The Diamond Industry | Crypto Daily

One credible point that cryptocurrency skeptics often make is that there is little need for blockchain technology in most industries. Blockchains like Bitcoin’s are slow and costly to run, so it’s fair to argue that they will likely fail to take hold in industries where they don’t solve significant problems. Diamonds, however, are not one […]

Pricer’s Points: The decoy effect: Why you make irrational choices every day (without even knowing it) | Kent Hendricks

Pricer’s Points: The decoy effect: Why you make irrational choices every day (without even knowing it) | Kent Hendricks

The decoy effect describes what happens when, while choosing between two items, a third item is introduced that causes you to switch your preference between the first two items. A few weeks ago, I was at a clothing store trying to decide between two shirts. I liked the way one shirt fit, but I liked […]

All about penetration pricing strategy | Amazon Services

All about penetration pricing strategy | Amazon Services

As an e-tailer, you must already know that it’s all about setting the right price when it comes to effectively catering to your target audience. A well-articulated penetration pricing strategy will help you break into an already established product category and gain traction. Initially, you’ll have to put up your offerings for sale at a […]

Bitcoin price crash: This is the reason cryptocurrency prices are plummeting | Express.co.uk

Bitcoin price crash: This is the reason cryptocurrency prices are plummeting | Express.co.uk

Express.co.uk recently spoke with Ryan Derks, an investor with years of experience under his belt who now runs his own federally registered fund specialising in cryptocurrencies, who was eager to explain why Bitcoin is coming down from such a dramatic high. He said: “What happened with Bitcoin over the last three to four months is […]

Bitcoin price CRASH sees ‘cryptocurrency billionaires’ suffer HUGE hit in financial value | Express

Bitcoin price CRASH sees ‘cryptocurrency billionaires’ suffer HUGE hit in financial value | Express

Many of them enjoyed a 14,409 average per cent rise to the coins in their wallets in 2017. The news has come as last week saw a mass sell-off of cryptocurrencies, leading prices to drop to their lowest levels for several months. The news has come as last week saw a mass sell-off of cryptocurrencies, […]