Archive for February, 2010
How price psychology gets customers to pay more
By Oregon Small Business Association, William Poundstone’s bottom line: consumers don’t really know what anything should cost. In his book “Priceless,” Poundstone zestfully and entertainingly explains the economics, psychology, and intellectual reasoning surrounding the ways in which producers and sellers take advantage of buyers’ lack of knowledge. Cost and price are two different notions; the […]
Posted: February 11th, 2010 under Uncategorized.
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