The price advice people most hate
What's one of the biggest findings from behavioural science that people resist?
That terrifies them the most?
Sequencing prices from high to low.
It's much more common to see menus and websites listing goods from low to high.
Well, that's a problem because you're wasting every sale.
Researchers Suk, Lee and Lichtenstein, for example, found way back in 2011 that listing the most expensive beer first increased the average paid by 4% compared to listing in descending order.
So I know it might...
What should I do? Just do this...
It's a familiar question, but especially now.
What should I do?
- What should I do about cash flow?
- What should we do to increase sales conversion?
- What should our value proposition be?
- Should we have a returns policy?
- How should we design our website?
Our days are riddled with these types of questions, which burn up higher level thinking and distract us from our 'why'.
So I wanted to help those who are short on time and simply want answers.
What should I do?
Just Do This
Just Do This...
