How Products Are Priced - The Psychology Of Pricing

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How are prices chosen for products? Some products are way overpriced but still sell really well while others offer great value but struggle to garner sales. And why do prices end in 99? This video explains the most common pricing strategies companies use and how they work from a psychological perspective.

Sources:

Epic Music Soundtrack by Infraction

Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.

[olinda]

Does the .99 really work? I automatically read 99.99 as a 100

[gabeking]

Great video, you should do one on investment banking

[benchawes]

Very interesting!! Makes absolutely sense!

[jackharper]

seriously detailed explanation. thanks!

[BurrOn]

Where can I find more marketing strategies like this online?

[TripianaVids]

Great video, thanks. Little audio tip; cut the low frequencies from 80Hz on your voice.

[firewithin]

*Organic food is actually 4x more nutritious than conventionally farmed food.

[solareaaaaMT]

Hi what was the title of the song at 0:28

[MrPrat]

I use Apple products, it has really good I/o and very much integrated hardware with software which work much efficiently than android. Even for low spec, these products much better than Android phones. Trust it, it is not just the social status reason it has value creation at usage level 🙏

[seaninlondon]

Diamonds are not precious, supply is deliberarely limited to increase the cost and make them appear precious.
Puttting goods next to each other. One stanadard priced normally, with an apparenty better product discounted below the normal price. What a bargain "sucker!"
and don't get me started on perfumes and aftershave