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Nairaland Forum / Nairaland / General / Business / Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? (23325 Views)
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Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by maureensylvia(f): 1:11pm On Mar 14 |
Seller A Normal price N70,000 Promo price N35,000 Seller B Price N70,000 Promo: Buy 1 get 1 free Which of the two pricing options do you think customers will grab faster? 19 Likes 4 Shares
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Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by TANID(m): 1:13pm On Mar 14 |
na d same jawe 26 Likes 3 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by maureensylvia(f): 1:19pm On Mar 14 |
88 Likes 10 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by advanceDNA: 1:32pm On Mar 14 |
maureensylvia:nothing beats low price...it makes pple that are liquid buy more once the eye sees.. with 35k pricing u will target both those that can buy two or more .... .and also those that cant afford more than 35k or even less but can still easily get one two mama chioma to combine 17k5 and get a bag So u target more group of buyers 141 Likes 7 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Acidosis(m): 1:53pm On Mar 14 |
Seller A when I'm buying only 1 quantity. Seller A or B when I'm buying 2 quantities. Seller A when I'm buying more than 2 quantities. 27 Likes 4 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by nifemi25(m): 2:10pm On Mar 14 |
To my own point of view, we Nigerians like cheaper things.... I 5hink seller B will send faster than seller A .... 15 Likes 2 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by WorkTheTalk(m): 3:46pm On Mar 14 |
With the current situation of things in naija now, Seller A option all the way. 22 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by TrennixGLOBAL: 4:14pm On Mar 14 |
maureensylvia: 80% nigerians will surely go for Seller B cos they like free things a lot. Nigerians will prefer to walk a distance of N10k just to collect free 5k or you can make them do something of 100k value without knowing as long as you are giving them a physical reward of 70k. Majority of the problems we are facing in Nigeria is as a result of free tins both monetary or not. Even bribe is free money. Seller B will make more sales. 48 Likes 7 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by maureensylvia(f): 6:37pm On Mar 14 |
nifemi25: We like free stuffs 😀 2 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by wunmi590(m): 6:58pm On Mar 14 |
People will grab the A fast because it is cheaper, in this present economy people are managing the litter fund they have, so somebody whose present salary is just an average will rather go for the 35k rice and keep... The person might even go and sell for 70k and still come and buy another one for 35k 8 Likes 3 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Kukutente23: 6:58pm On Mar 14 |
I dey com Make I piss fess |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by id4sho(m): 6:58pm On Mar 14 |
Seller B Price N70,000 Promo: Buy 1 get 1 free U wan dull 5 Likes 1 Share |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by yewit37486: 6:59pm On Mar 14 |
Hmm. Depends on the customer and their liquidity. A person that has only 40k available to spend can only go for Option A, while a person who has enough cash at their disposal will likely go for Option B. This is assuming the item is non-perishable or can be consumed in a reasonable period of time which I think is the case with rice, otherwise no one will go for option b at all. 8 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by IkeGod9891(m): 7:00pm On Mar 14 |
B gives Nigerian customers orgasm 1 Like |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Ulogwe1: 7:00pm On Mar 14 |
Seller B will have his way. Buy one get one free at the same price. Omo I choose seller B 1 Like |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Kusheer(m): 7:00pm On Mar 14 |
Are these rice for sale ?? 2 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by MrDIY: 7:02pm On Mar 14 |
It all lies on the financial power of the buyer. 1 Like |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by iichidodo: 7:02pm On Mar 14 |
"Buy one, get one free".... There's something about the word "free" that makes it look like I got a bargain price. 5 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Tonytonex(m): 7:03pm On Mar 14 |
maureensylvia:This your analogy is not applicable in real life. Use a realistic example. But if it was to be true, B. 2 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by OlujobaSamuel: 7:03pm On Mar 14 |
I actually prefer the promo price than product promo. You will likely get more sales from lower pricing than persuading people to buy more at high rate, because at that point, people will consider if they actually need the item, but at lower pricing, they consider the item cheap and buy to keep even if not immediately needed 22 Likes 2 Shares |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Dshocker(m): 7:04pm On Mar 14 |
maureensylvia: Nigerians like awoof, so the buy 1 & get one free will work on the customer's psychology. |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by yewit37486: 7:04pm On Mar 14 |
MrDIY: Exactly. 1 Like |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Gbadugbakun(m): 7:04pm On Mar 14 |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by illuminutty: 7:05pm On Mar 14 |
What will I lose if |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by RisenJoe(m): 7:06pm On Mar 14 |
Fact maidstone: 4 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Jewessgratitud3: 7:06pm On Mar 14 |
They'll go for the slashed price because they may need the remaining 35k to buy other things. Not a wise thing to pack bags of rice in the store with nothing to cook it or even alternate it. 4 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Kenmatt(m): 7:06pm On Mar 14 |
The promo price is Bae. Kenmatt: "Madam, I wan buy Rice" Madam: "Which one yhu wan pay for, normal abi promo price?" Kenmatt:"Madam, I wan buy promo price, I carry cash, no need for POS or transfer, see ma 35k hia" Matter close!!! 2 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Pwashiks(m): 7:06pm On Mar 14 |
Seller A when I'm buying in odd numbers Seller A or B when I'm buying in even numbers, because they both give me same return on value 3 Likes 1 Share |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Goodlyhrt(m): 7:07pm On Mar 14 |
People saying that option A will sell more might be wrong because option B is mouth watery. Some people self will even go and borrow money to buy the option b No be Nigerians again? 1 Like |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by Reelmii: 7:07pm On Mar 14 |
Hmmm |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by ElliotP: 7:07pm On Mar 14 |
Promo price most people will see buy one get one free as a scam 3 Likes |
Re: Which Of The Two Pricing Options Do You Think Customers Will Grab Faster? by israelmao(m): 7:07pm On Mar 14 |
Option B many people like free things. |
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