Blog of Knowledge
In terms of psychological pricing, one important pricing strategy to be aware of – both as a consumer and a business person – is gender-based price discrimination. What Is Psychological Pricing? Psychological pricing is a set of pricing and sales strategies based upon the belief that certain prices will influence a potential customer in one…
There are a number of ways to influence your target customer’s perception of price so they feel they are getting a really good deal. 9s and 7s 99 cent stores are hugely successful. Any number with a 9 in it seems to work like magic. $9.99 works better than $10. People identify with the first…
Working from home can be either a blessing or curse depending on how organized you are and what family circumstances you are dealing with. If you have young children, for example, you may find it tough to try to get it all done each day unless you have a great support network. If your children…
Networking is an important part of modern business success. It isn’t just what you know; it’s who you know. Networking is all about connecting with people in your niche or industry that you can collaborate with or work meaningfully with in some way. Networking could lead to profitable projects and lucrative partnerships if you include…