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    Price Psychology Entry #0357

    Why anchoring works on the price you never pay

    A struck-through figure that nobody was charged still sets the standard the real price is judged against. Its only function is to be higher.

    Novice
    The hidden part #0357

    The anchor works by being adjacent, not by being true. A number nobody paid still sets the scale for the number you do.

    Open file
  • No visual on file
    Price Psychology Entry #0357

    Why anchoring works on the price you never pay

    A struck-through figure that nobody was charged still sets the standard the real price is judged against. Its only function is to be higher.

    Novice
    The hidden part #0357

    The anchor works by being adjacent, not by being true. A number nobody paid still sets the scale for the number you do.

    Open file