Yesterday evening I was a little hungry
and my stomach was asking for something sweet. So I went to the new
bakery that opened two weeks ago just across the street. They had
tons of applie pie, banana bread and many other biscuits and cakes
which looked really good, but I decided to have two donuts.
When I ordered them, the shopkeeper
said to me: "Three donuts cost the same as two, 1.50€ - so
I'll give you three, ok?". "Ok", I answered, although
I wasn't that hungry. "One donut is 0.90€ and two or three
donuts cost 1.50€", the shopkeeper repeated. When I went back
home I couldn't stop wondering whether such a "three for two"
strategy was really appropiate for that new bakery. Shouldn't they
sell two donuts at, let's say, 1.30€ and three at 1.50€?
I suppose you all know "TheEconomist", a monthly business news magazine. Some time ago they
used a very similiar sales strategy as the bakery from my
neighbourhood. I don't remember the exact prices, but a subscription
to the printed version of The Economist cost around 60€, while the
suscription to the online version cost 120€. And there was also a
third option: the subscription to the print and online version also
cost 120€. So what was the sense of the second option (online
version only)? Who would prefer it over the third option? Most
probably... nobody. Most likely, the second one was a kind of a
benchmark for the other two and it made the third option look less
expensive.
I guess the new bakery from my
neighbourhood tries to apply the same sales strategy: three donuts
may seem less expensive if they cost the same as two. I'd say it's a
good idea as many people will end up buying three donuts instead of
one. Nevertheless there may be one hitch: some people may want to eat
only two donuts and not three, especially if they're on a diet or if
they just count their calories (with one of those fancy calorie counters). But this is something that the bakery will have to figure
out – I'll let you know you if they stick to this sales policy or
not.
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