Tuesday, April 03, 2007

Triangulation

Sometimes offering a third choice makes a decision easier. It becomes a measuring stick to weigh the other two options. How do you offer choices? This from Seth Godin's blog:

"There are two wines for sale at dinner: $9 a bottle or $16 a bottle. Which one do you order?

Now, imagine that there are three, and the third is $34. Are you more likely to buy the $16 bottle now? Most people are.

Competition is almost always a good thing, and marketers can create it... or highlight it. "

No comments: