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Is Your Pricing Illegal?!

by Veronica Pullen | Feb 11, 2022 | Alignment, Business, Business Tip, Campaign, Content, Content Creation, Copywriting, Copywriting Tip, Customer Relationships, Email Marketing, Facebook Advertising, Facebook Marketing, Flow, Manifestation, Marketing, Mile Deep Marketing, Mindset, Organic Facebook marketing, Overwhelm, Planning, Product Creation, Social Media | 0 comments

Is Your Pricing Illegal?!

Is Your Pricing Illegal?!

How you communicate your prices matters… both legally and from a buyer psychology perspective.

In the UK, if you offer a full payment AND instalment option, you are legally allowed to discount your price for full payment upfront, but you are not permitted to charge extra for offering instalments. 

When both options are available, the instalments should be listed first.

The total of the instalments is ‘the price’.

The discounted pay in full amount is the reward for early settlement, so list that second

From your buyers’ perspective, the first amount they see is anchored as the actual price.

Then the second amount is either a reward or a punishment. 

When you list your pay in full price first, that’s the number they anchor as the actual price.

When the total of the instalments is higher, the people who choose this option feel like they’re being punished.

When the instalments are shown first, the people who opt for instalments feel like they’re paying the actual price.

And the pay in full buyers feel they’re being rewarded.

However you present your offer, when PiF is lower than instalments, upfront payers are being rewarded for reducing your risk.

The difference when you list the instalments first, the people who choose this option won’t feel they’re being penalised by you!

When you join The Copywriting Academy, you’ll not only learn step by step how to write persuasive promo copy, so you generate more leads and sales online, you’ll understand WHY!

Watch over my shoulder as I review and tweak 5 pieces of promo copy from 5 different business owners and explain how each edit will increase their authority and impact

– so you’re not losing sales opportunities by inadvertently putting out ‘apologetic’ copy that communicates to interested prospects that you doubt your own value.

Private clients pay $300 per video copy review.

You’ll get to watch me review AND edit 5 as a bonus when you buy The Copywriting Academy program today!

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Veronica Pullen

Veronica Pullen

The Mile-Deep Marketing Queen at Apples to Oranges Ltd
Veronica Pullen, AKA The MIle-Deep Marketing Queen helps coaches, trainers, consultants, mentors, experts, speakers, and therapists to attract your ideal, like-minded clients from your 'Mile-Deep' Facebook marketing, networking, group challenges, and ads.
Veronica Pullen

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Latest posts by Veronica Pullen (see all)

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