You are selling $30 souvenir books for a club fundraiser. How could you use the technique of lowballing to improve your sales?

a. Start by offering the books at $70 each and pretend to bargain with customers, making $30 your "final offer."
b. Start by selling the books at $25, but once the customer has retrieved his or her checkbook, tell him or her you made a mistake and the books are actually $5 more than you thought.
c. Offer the customers additional incentives to buy the book, such as free cookies with every purchase.
d. Start by selling the books at $40, but tell the customer he or she will get $10 back in three weeks.

Answer: B

Psychology

You might also like to view...

Rodney wanted to "have the bumps on his head examined" to determine certain aspects of his personality. To do this, he had to go to a

A) psychiatrist. B) psychologist. C) scientologist. D) phrenologist.

Psychology

Mary and Juan are twins who developed from two separate fertilized ova that were fertilized by two different sperm. What type of twins are they?

a) monozygotic twins b) maternal twins c) dizygotic twins d) wombmates

Psychology