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What do Harlem hair salons and pricing research have in common? In this episode, Etinosa breaks down why letting customers “name their price” only works in high-trust relationships, and why real pricing strategy needs to go beyond what people say they’ll do.
Research Mentioned:
Reisman, R., Payne, A., & Frow, P. (2019). Pricing in consumer digital markets: a dynamic framework. Australasian marketing journal, 27(3), 139-148.
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Hosted on Acast. See acast.com/privacy for more information.
By Decision AlphaWhat do Harlem hair salons and pricing research have in common? In this episode, Etinosa breaks down why letting customers “name their price” only works in high-trust relationships, and why real pricing strategy needs to go beyond what people say they’ll do.
Research Mentioned:
Reisman, R., Payne, A., & Frow, P. (2019). Pricing in consumer digital markets: a dynamic framework. Australasian marketing journal, 27(3), 139-148.
Connect
Credits
Hosted on Acast. See acast.com/privacy for more information.