Sunday, February 21, 2016

AbduDay4

Price vs. Decision






Nowadays, plenty of consumers are facing difficulties with the "Irrational Prices."  I believe that we cannot make any decision without knowing the price for a good or service. Personally if I want to buy clothes, for example, I need to know the price first  and then I will make my decision to make the purchase or not.

Pricing strategy is one of the most important things for marketing. For example, $9.99 is actually $10 bucks but it gives the consumer some hope that the price of the commodity is lower than $10 bucks when ,in fact, it’s short by only one cent.

Price vs. Decision- we must think deeply before making any decision that could affect our lives because it’s not just about the purchasing and the prices of goods. Working and making money doesn’t mean that you can spend it without caring about the time and energy that you spent. So, please think think think.... then make the decision that works best for you.   

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