Concept · Business and metrics
Price anchoring
Also called: anchoring, anchor price, anchoring strategy, price anchor
Showing a reference number first so that the real price is judged against it. People compare prices to whatever they saw first.
For example: A sales page notes that hiring a full-time analyst costs far more each year before showing the software's monthly price.
Connects to 3
- Value-based pricing Concept
- Pricing tiers Concept
- Call to action Concept