Big and small
February 28, 2013 5:47am CST
Advertisers apply many techniques to make a small thing appear bigger or vice versa as they like. For example they put price tags as $15.99; which is same as $16, but the buyer has the LOWER $15 in mind. Similarly to amplify things, instead of one meter they will say 1000 millimeters; the free talk time of 100 hours offered by a mobile SIM service provider will say 360000 seconds. Here the buyer has the LONGER 360000 in mind. One PTR site says; ‘we are giving $0.10000 USD in Main balance to our first 10000 members we do it manually so it will be credited in your account as soon as possible you don't worry about your balance keep earning. [b]The zeros after decimal sign is meaningless; but some get attracted. What a fun?[/b] [b]They take advantage of our psychology. Please respond and share your views and opinion on this.[/b] Thanks in advance. Professor Dr. B.Saraf. PhD. 28th February 2013. Cheers have a lucky day ahead.
3 Mar 13
Obviously. That is what retail management is all about. Attract customers and bulldoze them into buying. The businesses are supposed to create this false need for the necessity to buy in the customers' mind. Otherwise they dont make any profit. SO logically they take advantage of our psychology. The fact that a roadside vendor gives you an inflated price of the product. You haggle to get the price down and agree upon the price much lower than what was said on the first take. But do we realize that actually that roadside vendor has still made his profit. It is just plain business.
28 Feb 13
Well believe it or not this marketing techniques always work, haha. There are other techniques they used such as: - When you buy this one package you will get two with the same price. Behold they actually double the price already. - Buy this package and you will get this additional bonus. But sometimes they just want to sell the main product with additional price added from the bonuses. - Get low price discount 75% and 25% more. Wew, 100% discount means free? lol. They usually raise the price before all those discounted price stack. The list will always goes on since it's the marketing team to find such ideas to make the product they sell seems interesting and competitive.
3 Mar 13
Thanks for sharing, lol it works, let be explain about this 75% plus 25% Suppose a product cost 100, you get 75 off, balance is 25, now 25% of 25 is off, means 6.25 gone, still you have to pay 25 minus 6.25 that is 18.75, right, many get fooled though.