Author: Raymond Augustin
In this article, the author explains the psychological phenomenon of “loss aversion” and how it can be applied in pricing strategy. Raymond Augustin is a recognized thought leader, specializing in pricing strategy. He has, as the COO of Virtual Procurement Services (VPS), provided guidance to dozens of healthcare organizations and tribal gaming operations on purchase price methodology and analytics. Raymond is the co-founder of the Group Savings Organization (the GSO). He has an active interest in the research of the psychology of price and pricing motivations. He can be reached at raymond.augustin@miami.edu.
The Pricing Advisor, February …Read More