Tag Archives: consumer tricks

How to Spot Decoy Pricing

Retailers are always manipulating our spending habits. Every time you pick up some groceries, your choices are likely influenced by pricing tactics like BOGO (Buy One Get One free), anchoring (Their Price: $35.99; Our Price: $29.99) and high-end pricing (Chef’s Special Rib Eye: $69.99; Rib Eye: $45.99) or decoy pricing. While all these methods may…
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