Psychological pricing methods

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Presenting by : Group -3
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Definition of Psychological Pricing:
Psychological pricing is a pricing approach that
considers the psychology of prices and not simply the
economics.

1. Charm pricing :
6

 Reference price effects
 Endowment effect
 Anchoring
 Comparison set effect
 Framing effect
 Order effect
 End benefit effect
15

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All the new employee's of the NETAPS Foundation are suggested to must fill out and submit the goal setting form- Step2: Fill out and submit the Power Point Presentation-as per the Goal Setting Forma; also, add, 1st Month, 2nd Month, 3rd Month; 2nd, 3rd and 4th Quarter self and teams expected minimum result in the terms of the Admission and Placement. In this presentation -clearly mention the minimum goal -that you can deliver.

Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx

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The crucial part of a triumphant sale is closing it. It is at this point when one comes up with an ultimate verdict that sums up all the efforts, relationships and mutual understanding. This is when everything becomes clear and it’s clear that everything that has been done so far makes sense for everyone involved. At this time, the buyer and the seller find themselves in agreement that is beneficial to both parties as well. The stage marks the transition from convincing someone how beautiful something looks on him/her into convincing them about why they need this thing in their life forevermore. Real sales finesse alongside empathy underpins this whole process…

Mastering The Art Of 'Closing The Sale'.

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Psychological pricing methods

1. To our presentation 1

2. Presenting by : Group -3 2

4. Definition of Psychological Pricing: Psychological pricing is a pricing approach that considers the psychology of prices and not simply the economics.

6. 1. Charm pricing : 6

15.  Reference price effects  Endowment effect  Anchoring  Comparison set effect  Framing effect  Order effect  End benefit effect 15