loved the deal but forgot the price!

12
Loved the Deal but Forgot the Price! Raj Suri

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Loved the Deal but Forgot the Price!. Raj Suri. Men Love a Deal When it is in Red!. Value. Interaction; F (1, 147) = 11.33, p < .01. Conclusion 1. Women doubt red prices! Men forget prices and love the deals when they are in red. $99.95. $99.95. Accuracy of Price. Helvetica. - PowerPoint PPT Presentation

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Page 1: Loved the Deal but Forgot the Price!

Loved the Deal but Forgot the Price!

Raj Suri

Page 2: Loved the Deal but Forgot the Price!
Page 3: Loved the Deal but Forgot the Price!

Men Love a Deal When it is in Red!

0

1

2

3

4

5

Men Women

RedBlack

3Interaction; F (1, 147) = 11.33, p < .01

Valu

e

Page 4: Loved the Deal but Forgot the Price!

4

Conclusion 1Women doubt red prices!Men forget prices and love the deals when

they are in red

Page 5: Loved the Deal but Forgot the Price!

$99.95 $99.95

Page 6: Loved the Deal but Forgot the Price!

0102030405060708090

100

Accuracy of Price

Bradley

HelveticaA

ccur

acy

Page 7: Loved the Deal but Forgot the Price!

Conclusion 2

• Unique fonts make it easy to remember product information but make one forget its price

Page 8: Loved the Deal but Forgot the Price!
Page 9: Loved the Deal but Forgot the Price!
Page 10: Loved the Deal but Forgot the Price!

Acc

urac

y

Disliking Math

HighLow

Price = Quality

80%

27%

51%

Recall Less

Don’t Like Math ? You will be Biased & Recall Less

Low Moderate High Dislike0%

5%

10%

15%

20%

25%%age of consumers using Price = Quality

Page 11: Loved the Deal but Forgot the Price!

Conclusion 3

• If you don’t like math:

You will favor expensive choices.

Page 12: Loved the Deal but Forgot the Price!

Correlates for Price & Computation It is all in the Post

Parietal Cortex (P3-PZ).