That seems expensive.
Have you ever thought that? Have your customers?
Here’s an example.
YouTubers Trent and Allie are self-building their home in the Utah mountains. After receiving a quote for drywall (plastering), this was some of their reaction:
“It came back super high…”
“They’re trying to charge us double…”
“It doesn’t make sense…”
“So we’re in the market for some other quotes…”
...
A weird thing happens when the hour mark gets close. We try harder.
And when prices change by as little as 1 cent? That impacts us, too.
In this video, I share secret thresholds that change behaviour, including how we exercise and what we spend.
You'll find more on pricing psychology in my Just Do This program for small business.
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