The brilliant minds over at Blog Growth posed  an important question recently; What’s the best price for your products?
While consumers think prices are decided arbitrarily, there is a lot of work that goes into determining the price point for a product.
Check out the amazing infographic Blog Growth put together to break down the science of pricing.
TheScienceOfPricing_Infographic
 
To read the whole post, check out Blog Growth.
 

9 replies
  1. Mary Peterson Cook
    Mary Peterson Cook says:

    I had just had this conversation with a friend who I’m helping with pricing! I’ve seen many of these “results” individually, but never altogether like this. Thanks a bunch!

    Reply

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  1. […] in the beginning. Other studies show that omitting the dollar sign can improve sales, and that presenting prices in a smaller font makes people more comfortable […]

  2. […] say that the practice of pricing products as such was the best thing in marketing […]

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