ποΈ Sale mein 50%, 70% ya 80% discount dekhkar lagta hai ki company loss mein ja rahi hogi.
Lekin reality kuch aur ho sakti hai. Smart pricing aur higher sales volume ki wajah se companies sale ke dauran bhi strong profits k**a sakti hain.
Watch the reel to understand the economics behind your favourite shopping festivals. π
Economics With Nitesh
Economics made simple π
Class 11 & 12 | CBSE
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π¦ Amazon Prime itna sasta kyun lagta hai?
Free delivery, movies, music aur exclusive deals ek hi subscription mein milte hain. Lekin iske peeche ek smart business strategy hoti hai jise economics mein **Bundling** kehte hain.
Watch the reel to understand how companies use bundling to increase customer loyalty and sales. π
π³ "No Cost EMI" sunte hi lagta hai ki interest bilkul zero hai.
Lekin kai baar cost kisi aur form mein recover ki jaati hai β jaise higher product price ya brand subsidy. Isliye har offer ko samajhna zaroori hai, sirf marketing line ko nahi.
Watch the reel and find out where the hidden cost may be hiding. π
Ever noticed how combo meals often seem like a much better deal than buying items separately? ππ₯€
Businesses know that a small extra amount feels easier to spend when you're getting "more" in return. That's why combo pricing is one of the most common pricing strategies in the world.
Have you ever chosen a combo instead of a single item? π€
Ever noticed how combo meals often seem like a much better deal than buying items separately? ππ₯€
Businesses know that a small extra amount feels easier to spend when you're getting "more" in return. That's why combo pricing is one of the most common pricing strategies in the world.
Have you ever chosen a combo instead of a single item? π€
Hashtags:
Why are candies always placed near the checkout counter?
The answer lies in consumer behaviour. While waiting in line, customers notice nearby products, making unplanned purchases more likely. π«π
Why don't malls have clocks? β°
The answer lies in consumer behaviour. When people lose track of time, they often stay longer, explore more stores, and encounter more products. What looks like a small design choice can have a big impact on shopping habits.
Have you ever noticed the absence of clocks in malls? π
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Milk is one of the most frequently purchased products in a supermarket. π₯
So why isn't it placed near the entrance? The answer is hidden in smart store design. A longer walk often means seeing more productsβand that can influence what ends up in your cart. ππ
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Why do companies prefer βΉ99 instead of βΉ100?
The difference is only βΉ1, yet it can make a product feel noticeably cheaper. This simple pricing trick influences millions of buying decisions every day.
Follow Economics With Nitesh for simple economics explained through everyday examples.
Ever wondered why movie theatre popcorn feels so overpriced? πΏ
The answer isn't just the popcornβit's the lack of competition. When only one seller is available, they gain more control over prices. Economists call this Monopoly Power.
Follow Economics With Nitesh for simple economics explained through everyday life.
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