consumer choice research

Article archives from the Pricing Pricing Society

Mix and match: Clever customer segmentation in the Middle East

In this article, the author explains how the changing market complexity and increasing customer diversity in the Middle East demands that pricers and marketers develop more dynamic consumer profiling methods for this region. Consumer profiles are evolving at a more rapid rate than that determined by traditional market segmentation methods such as mere geographical clustering, revealing that consumers are looking to purchase offers that go beyond their known price thresholds.

By |2024-02-17T20:33:52+00:00September 30, 2017|Pricing Articles, Profiling|0 Comments

Theory of Relativity: Using Relative Price Points to Guide Consumer Behavior

The context in which consumers shop for products has a significant impact on buying behavior. Pricing and economic research has shown that consumers constantly make tradeoffs between the options put in front of them, whether consciously or not. In this article, the author presents four best practices pricing practitioners can apply to leverage relative price points and successfully restructure your portfolio.

By |2024-02-25T20:21:48+00:00January 31, 2016|Pricing Articles, Pricing Research, Pricing Strategy|0 Comments
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