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Pricing & The Placebo Effect in Marketing Presented By John Dinsmore [email_address] www.JohnDinsmore.com
Overpricing & The Placebo Effect, John Dinsmore, Slide  Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Placebo Effect:  Definition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Placebo Effect:  Response Expectancy ,[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Placebo Effect:  Expectancy & Experience ,[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Placebo Effect:  Manifestations ,[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Placebo Effect:  Manifestations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Price Perception:  Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Price-Quality Perception:  Overview ,[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Price-Quality Perception:  Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Price-Quality Perception:  Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Price Perception:  Cognitive Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overpricing & The Placebo Effect, John Dinsmore, Slide  Price-Quality Perception:  Relativity If customers have an internal reference price for a product and the list price is much higher than that, then they perceive the quality to be low  (Peterson, JMR, 1970) Subject Ratings of Fictitious Soft Drink Relative to Price Reference Point Reference Point
Overpricing & The Placebo Effect, John Dinsmore, Slide  Placebo Effect:  Shiv Experiment One ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Price Perception & The Placebo Effect in Marketing

  • 1. Pricing & The Placebo Effect in Marketing Presented By John Dinsmore [email_address] www.JohnDinsmore.com
  • 2.
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  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Overpricing & The Placebo Effect, John Dinsmore, Slide Price-Quality Perception: Relativity If customers have an internal reference price for a product and the list price is much higher than that, then they perceive the quality to be low (Peterson, JMR, 1970) Subject Ratings of Fictitious Soft Drink Relative to Price Reference Point Reference Point
  • 14.