5. Heavily discounted product - Deepstash

5. Heavily discounted product

When they pitch their product, contrepreneurs will dramatically inflate their product price so that they can offer what appears to be a massive discount.

This is a sales tactic called “price anchoring.”

The idea is to make your prospect believe that the product you are selling is worth a very high price.

People naturally feel compelled to take advantage of discounts out of fear that they may have to pay more to get the same product later.

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drakos

Game designer - writer

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