So many things are marketed as 99p or similar with an attempt to make it look ‘cheap’, when it really isn’t much of a saving. So how does this affect the many common things that ‘use’ the penny as a pricing tool?https://ladyonarock.com/5ri1q6h
https://thefactorsof.com/sqmt3ledga When it comes to using the 1p pricing tool in property pricing, it tends to not have a very positive effect. Property pricing is of paramount important these days. I don’t mean the question of ‘value’ – but instead the art of setting the right price so that the portal searches are optimised. For example: you have a house to sell worth approximately £1 million. The agent suggests an asking price of £999,999. ”It’s a psychological price point” they tell you. I don’t agree. At all. I say – market at £1,000,000, and here’s why:https://fizazzle.com/26ldcgi9
- £999,999 is a cheap ploy – an ‘Asda’ price. Your buyers aren’t daft, so don’t treat them as if they are! Give them some respect and a ‘Harrods’ price. Make it £1 million straight;
- £1 million is actually an aspirational price point – your buyers WANT to spend one million pounds on a house, and tell their friends and family that they have done;
- £1 million is a very confident price – it says “my house is worth a million pounds” £999,999 is apologetic, humble: it says “make me an offer”;
- £1 million gets your property shown in more searches. At £999,999 on Rightmove, your property will only appear in searches up to £1 million. At £1,000,000 straight, it appears not only in searches up to £1 million, but also those over: potentially doubling traffic to your property advert.
http://www.cbpae.org/9slydy5 Should we scrap the penny? Do you agree that it would have a positive effect for property pricing? Tell us below.https://www.hndassignmenthelp.com/3is1i06970
If you’d like my help to sell your home more effectively, please answer a few short questions here and if I think I can help you, I’ll be in touch.https://eaglepoolservice.com/ah34yxts