318
this post was submitted on 24 Sep 2024
318 points (93.4% liked)
Technology
58303 readers
17 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
https://www.psychologytoday.com/us/blog/the-decision-lab/201109/product-pricing-and-framing-when-are-we-likely-pay-more
Short version: there’s an $80 bread maker with 5 features, a $120 bread maker with 12 features, and a $475 bread maker with 14 features.
The $475 bread maker only exists to make the $120 version look like a bargain.
Also the nature of a wallpaper app, maybe you just want to plop in get a wallpaper and scamper off into the sunset.
Matter of fact for the $50 a year price I could sign back up for a month twice a year and still come out on top.
I believe this is called the anchoring effect in psychology, and it's really effective
Bingo. Major component of persuasive design.
But in the end you get more feature for a higher price. In this case it's the same app for different prices depending on time frame... not to mention the app has no purpose beyond finding a wallpaper so it only really has 1 feature.
The point is not whether there are more features. The point is to give you an incentive to go yearly, and in this case it’s a huge “discount” even though it’s in no way worth the monthly cost. The monthly plan isn’t meant to sell you the monthly plan. It’s meant to make the yearly plan look good.