Counting the Cost: The Psychology of Pricing

Most buying decisions are emotional journeys – some short, some long. Why did you buy the candy in line waiting to check out at the grocery store ? Your kid was being obnoxious, and you wanted to shut them up, haha . Why di d you buy that boat ? Your Dad had a boat, and you always wanted one, too . It only took 20 years to get it. There are a lot of emotional buying decisions that happen in legal, as well. No one really buys an estate plan – they want peace of mind for their family. No one really buys a set of business formation documents – they want to protect their assets against seizure. Smart attorneys don’t just set prices; they have an understanding of the psychological components of pricing. Want to get a better handle about how the way you relay pricing information affects consumers? Check out Nick Kolenda’s infographic-laced site, which is sure to blow you...