Perfect Pricing
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How to set the right price for your online products and services
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There is a wide range of specific skills needed to undertake one-to-one coaching, team building, facilitating, counseling, besides being an interventionist and change agent, explained here is the Skills of an Effective Trainer, as a part of lesson “Effective Hr training and Development Strategy”, brought to you by Welingkar’s Distance Learning Division.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/effectivehrtrainingslides
Join us on Facebook: http://www.facebook.com/welearnindia
Read our latest blog at: http://welearnindia.wordpress.com
Subscribe to our Slideshare Channel: http://www.slideshare.net/welingkarDLPEffective Corporate Trainer Skills PPT - Training and Development
Effective Corporate Trainer Skills PPT - Training and DevelopmentWe Learn - A Continuous Learning Forum from Welingkar's Distance Learning Program.
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Perfect Pricing
- 1. Perfect Pricing The psychology of online prices
- 2. The right price How much is too much to charge? How much makes the item seem cheap? What is the maximum price people will pay?
- 3. Which is cheapest? $197 $195 $199
- 4. Which is the best price? $166 $197 $122
- 6. Odds and evens Odd numbers feel smaller than even numbers 9 seems less than 8 when we look at it quickly we tend to round up even numbers but round down odd ones, adding to the “low” feeling
- 7. Long and short Vowel sounds influence size Long vowels as in “nine” sound big Short vowels as in “six” sound small Consonants influence size Some consonants seem small – x, s, f Other consonants seem bigger – b, c, d
- 8. Make them sound right The sounds of your prices need a combination of short vowels and specific consonants Six (6) and Seven (7) sound better than Five (5) or (9) The numbers 1, 6, 7 are good price numbers
- 9. Contact DetailsGraham Jones can help you use psychological tactics to improve your website and your online presence graham@grahamjones.co.uk Tel: +44 118 336 9710 www.grahamjones.co.uk