Global Certificate in Pricing Psychology Impactful Insights
-- ViewingNowThe Global Certificate in Pricing Psychology Impactful Insights course is a comprehensive program designed to equip learners with the essential skills needed to understand the psychological factors influencing consumer behavior and pricing strategies. This course is crucial in today's business landscape, where pricing decisions significantly impact a company's bottom line and market position.
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⢠Introduction to Pricing Psychology: Understanding the fundamental principles of pricing psychology and its impact on consumer behavior. ⢠Behavioral Economics: Exploring the interplay between economics, psychology, and pricing strategies to influence consumer decisions. ⢠Price Perception and Value Proposition: Examining how consumers perceive prices and the role of value propositions in pricing psychology. ⢠Price Framing and Anchoring: Delving into the effects of price framing and anchoring on consumer decision-making. ⢠Decoy Effect and Choice Architecture: Investigating the decoy effect and how choice architecture influences consumer choices in pricing. ⢠Psychological Pricing Strategies: Analyzing various psychological pricing tactics, including charm pricing, odd-even pricing, and premium pricing. ⢠Price Promotions and Discounts: Exploring the impact of promotions and discounts on consumer behavior and pricing psychology. ⢠Price Fairness and Ethics: Examining the concept of price fairness, ethical considerations, and their implications in pricing psychology. ⢠Pricing Psychology in Marketing and Advertising: Understanding how pricing psychology can be applied in marketing and advertising campaigns. ⢠Case Studies and Real-World Applications: Analyzing real-world examples and case studies to reinforce the application and effectiveness of pricing psychology.
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