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Increase E-commerce Sales by Understanding Pricing Psychology 🧠



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👋 About this channel: My name is Ryan & at age 30 I quit my day job. I used to work full time as a Sr. Front End Web Developer (I quit this job), & part-time as an adjunct professor teaching web development at a local university (I kept this job — I like teaching!). Both of my day jobs were awesome! But that couldn’t change the fact that I’m completely addicted to the idea of building passive income streams that will allow me to retire from ever working a 9 to 5 job again.

The information shared on my YouTube channel & resources made available is for educational, informational purposes.

#PricingPsychology #SalesHack #RyansMethod

#Increase #Ecommerce #Sales #Understanding #Pricing #Psychology

Some Toughts (8)

  1. Avatar
    added on 24 Sep, 2020
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    🎓 Passive Income School is OPEN! 👉 https://ryansmethod.com

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  2. Avatar
    added on 24 Sep, 2020
    Reply

    Price psychology! Nice topic 👍 This is useful to everything!

  3. Avatar
    added on 24 Sep, 2020
    Reply

    Great tip with the daily price. 👍 Haha I'mma use it for my $2000 course. "Fba millionaire even though I ain't never sold anything on Amazon I just made some lucky investments and now I'm blowing all my profits from these investments on adsense to rob you all blind" course. Do you think it would sell well?

  4. Avatar
    added on 24 Sep, 2020
    Reply

    That is some seriously high level marketing tactics right there.

  5. Avatar
    added on 24 Sep, 2020
    Reply

    This is such an addictive rabbit hole topic! I've read multiple articles/papers which indicate that conversion rates increase if a rounded number is used for personal/pleasurable items like a t-shirt (15 vs 14.99) whereas if it's a utilitarian item, like batteries, it's the opposite and sales benefit from the use of the XX.99 rather than rounded. Definitely a funny one.

  6. Avatar
    added on 24 Sep, 2020
    Reply

    another excellent post. Always iterating for optimization.

  7. Avatar
    added on 24 Sep, 2020
    Reply

    Really nice marketing psych tips! Thanks for this video

  8. Avatar
    added on 24 Sep, 2020
    Reply

    This is one of your best videos, I really love studying the physiology behind what makes people tick, I bought a book called words that sell which is an interesting topic of its own, keep these great videos coming 🙂

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