Sentences with phrase «called price anchoring»

When you mention that value, set a very high benchmark that you know is out of range based on the true value you bring (called price anchoring).

In marketing psychology, we call it price anchoring.

Not exact matches

Covering a range of topics — from auto sales and health care to the New York Jets and the price of gasoline — CNBC's anchors, reporters, editors and contributors make calls on what 2013 will bring.

We call placing the first price on the table «anchoring,» because it pulls the final result toward itself.

In his books, he explained a key timing concept called anchor zones, which is a very useful tool for price action traders.