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Old August 23, 2003, 06:13 PM
Maria Marsala
 
Posts: n/a
Default Re: Why A Higher Price Often Means Higher Profits - Even On Fewer Sales!

Actually there is some "rule" in marketing regarding prices. I haven't been able to find the "orign" of the rule, but it goes something like: If you offer 3 prices, people will pick the middle price.

It does work.

I started offering 4 prices for my monthly fees and people are picking either of the two middle ones.




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