Here are 5 psychological marketing tricks that you ought to use to 2X your sale!

smoul
6 replies
1. Pricing: You might already know the tactic of reducing the price by 1$. A product worth 2000 - is sold of 1999 because judge the price based on the first digit they see. But people now know. Instead of reducing by 1, increase by 1. If base is 10, sell for 11$. This not only helps you increase your prices but also makes people think that it is one 1$ greater or cheaper than 20$. A lot of people are parting ways from the old trick of cost ending with 9 and instead opting for smaller last digits. 2. Decoy Pricing: Going to a cafe seeing a Large size drink is 11$ and a small size drink is 10$ Even though I don't require it, I'll buy large because I see my quantity for money. For the same amount I am getting more. 3. Use word that reduce pain: While describing your product, don't make the user count the qualities. We know, it would be amazing $ solve problems But, people what to know what problems it solves. How will it benefit them? Say: Reduce Workload not Increase Efficiency 4. Scarcity: If a product is in limited supply, people are more likely to buy it. Use phrases like "limited time only" or "Open for 24 hrs" to create a sense of urgency. This will make people take action quick and get them excited. 5. Reciprocity: Giving something away for free can make people more likely to buy your product. Offer a free sample or a free service in return. The value for money increases and it brings a sense of calm making the person think they are getting a good deal.

Replies

JCPenney Kiosk Associates
Really good strategy, I do not know about such things. C4Yourself
Dawns Li
Wow, thanks for sharing.
Aza Ahmed
Customer reviews from real people, authentic bloggers who don't sell themselves for money.
Neeraj Kumar
This is great! Thanks for sharing this.
Lalesultan Güneş
That's the great sharing thank you Smoul! And also would like to add one more : Customers are more likely to switch when the benefits of an unlimited account are demonstrated.