Pricing Experiments You Might Not Know, but Can Learn From

Pricing Experiments You Might Not Know, but Can Learn From

Also it’s worth remembering that people really don’t know how much things are worth, what’s a fair price (which is the reason TV-shows like “The Price is Right” can actually exist). People have trouble comparing different options, but if 2 of the options given are similar (e.g. same price), it becomes much easier. When people were offered to choose a trip to Paris (option A) vs a trip to Rome (option B), they had a hard time choosing.

Source: conversionxl.com